Analysis of questions concerning China's energy investments to Russia

The rapid development of economy in China brings vast consume of energy, which makes China’s current oil and gas overseas operations spread throughout the world’s major oil and gas producing areas. However, the complicated international situation and the high cost of long-distance transport increase the difficulty of oil and gas supply to Africa and the Middle East. As a neighbour of China, Russia have a unique advantage in both geography and energy reserves. Due to the twenty-year energy cooperation, the development between two countries has been going on the track of sound progress. In view of the energy safety problems faced with China, this paper analyzes the advantage of energy cooperation between China and Russia, the disadvantage of investing to Russia and the expectancy of investing to Russia. On the basis of analysis, it is inevitable for energy cooperation between China and Russia, meanwhile there still exists uncertainty in the future.