Moscow and Beijing are exploring the possibility of joint development of coal deposits in Russia, reported Russian Deputy Prime Minister Alexander Novak at the Russian-Chinese Intergovernmental Commission on Energy Cooperation.

In particular, we are talking about the development of the Zashulan coal deposit in the Trans-Baikal Territory. Back in 2014, the license for its design was received by Razzugol, a joint venture company of Baikalinvestenergo (owned byIrkutskenergo“Which is part of Oleg Deripaska’s En + Group”Eurosibenergo“) And the Cypriot subsidiary of China’s largest coal corporation, China Energy. “Razzugol” View in 2024-2027 to bring the extraction of coal in the field to the design capacity of 5 million tons and create 1,893 jobs there.

Novak also announced that Russia will enter into new long-term contracts for the supply of coal to China, which faced an acute fuel shortage this fall. In 2020, supplies of Russian coal to China increased by 20.6% to 39.5 million tons.

“In the gas sector, significant potential is concentrated in parts of oil and gas exploration and development of oil and gas reserves in Russia both onshore and on the continental shelf of the country, the continuation and development of oil transportation from Russia to China in 2022 along the Far Eastern routes, the supply of natural gas and its processing, as well as LNG and the production of petrochemicals in the east of Russia ”, – said in the message of the government of the Russian Federation products following the meeting.

In addition, the volume of gas exports from Russia to China also increased. Thus, as of the end of October, 12 billion cubic meters of gas were pumped eastward through the Power of Siberia pipeline. m of natural gas. The gas pipeline was put into operation at the end of 2019, then 0.328 billion cubic meters of gas were supplied through it. m of gas, in 2020 the volume of pumping amounted to 4.1 billion cubic meters. m.