Putin: Russia and China are close to a serious step forward in oil and gas cooperation

Russia and China are ready to take a significant step forward in cooperation in the gas and oil sectors. This was announced on May 9 by Russian President Vladimir Putin.

"I won't talk about it now either, but in principle we are in agreement to make a serious and very significant step forward in cooperation [with China] in the gas and oil sector, a serious one. I just won't get ahead of myself on these issues," he said at a press conference.

"Russian energy supplies to China have reached almost $80 billion"

Russian Ambassador to China Igor Morgulov — on the growth of oil trade, new projects in education and the position of both countries on the Middle East

Russian Foreign Minister Sergey Lavrov arrived in Beijing on an official visit on April 14. During the meeting with Chinese President Xi Jinping, he called Russia's relations with China unshakeable and strong. According to him, Moscow and Beijing play a stabilizing role in global trends.