Office Address
123/A, Miranda City Likaoli Prikano, Dope
Phone Number
+0989 7876 9865 9
+(090) 8765 86543 85
Email Address
info@example.com
example.mail@hum.com
123/A, Miranda City Likaoli Prikano, Dope
+0989 7876 9865 9
+(090) 8765 86543 85
info@example.com
example.mail@hum.com
Rosneft ROSN.MM CEO Igor Sechin, one of the most influential
men in Russia’s energy sector, said on Saturday (21 June)that China
was seeking complete energy independence and that in the foreseeable
future it could become a major energy exporter.China’s economic and
military rise over the past 45 years is considered to be one of the most
significant geopolitical events of recent times, alongside the 1991 fall of the Soviet Union which
ended the Cold War.
Sechin said that a massive increase in electricity
consumption was changing the entire landscape of the
global energy markets as populations soared in Africa and Asia and
the digital revolution triggered massive demand for power.
Speaking at the St. Petersburg International Economic Forum, Sechin said
that China accounted for a third of global investment in
the energy sector, was ramping up renewable energy capacity
and was now one of the leaders in nuclear power. “China, which has
already ensured its energy security, is confidently moving towards
complete energy independence, forming a
stable energy balance based on its own resources,” Sechin said in a
speech which referenced both Greek mythology and Niccolo Machiavelli...China is
currently the world’s largest importer of crude oil and a major importer of natural gas. Russia is the world’s second largest oil exporter and holds the world’s largest reserves of natural gas.
Sechin, who worked alongside Vladimir Putin in the
former imperial capital of St Petersburg and later under the president in the
Kremlin, has run Rosneft since 2012. Rosneft
accounts for about 40% of Russian oil production, 14% of the
country’s gas production and 32% of the refinery market. It is also the
biggest Russian exporter of oil to
China...The expansion of the Western military-industrial complex was diverting
enormous resources away from productive sectors and unlikely to be a panacea
for the problems in Europe or the United States, Sechin said...He added than an
important part of China’s strategy to reduce dependence
on energy imports was the processing of coal into synthetic fuels and chemical products.About 40
million tons of coal is used to produce synthetic fuels and more than 260
million tons for ammonia and methanol production, he said.
