China and Russia are going to expand practical cooperation in the Arctic. including in oil and gas exploration and infrastructure construction. the Ministry of Commerce said Thursday.
Gao Feng. spokesman for the Ministry of Commerce. said Thursday that the two sides are negotiating an effective mechanism to work on taking advantage of the Arctic channel and the region`s resources. promoting infrastructure construction. tourism and scientific investigation.
Currently. companies from China and Russia are seeking to jointly explore the Arctic`s oil and gas resources. as the two nations look at comprehensive cooperation in the far northern region. Gao said at a news conference.
Tags Asia China China Daily Newspaper China National Petroleum Corporation (CNPC) Conference Cooperation East Asia Europe Infrastructure International International Companies Newspaper and Publications Resources Russia
Check Also
Russia Eyes New Gas Route to China, Betting Big on Growing Demand
Russia is eyeing yet another pipeline to China, this time via Kazakhstan, capable of delivering …