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China and Russia will create a joint venture for the production of LNG

Premier Li Keqiang said that China has already decided on the establishment of a joint venture with Russia to produce liquefied natural gas in Tianjin.

In an interview with Sergei Brilev, host of the "Enter on Saturday" program, he expressed satisfaction with the progress in cooperation between the countries in this area.

On October 13, during a meeting between Russian Prime Minister Dmitry Medvedev and Li Keqiang, Russia and China signed an agreement on the supply of Russian natural gas via the so-called eastern route - the Power of Siberia gas pipeline.

“After the commissioning of this project, we will receive a large amount of gas as an environmentally friendly,“ green ”energy carrier,” the Chinese prime minister said.

China is in the process of modernization, and we need to confront the effects of climate change, he added, "and this is useful not only for China, but in general for preserving the nature of the Far East."

According to Li Keqiang, the fact that Russia has opened access for Chinese companies to the production of oil and gas resources on its territory "is just an indicator of the high level of Chinese-Russian relations."

"Now, against the background of the use of new technologies in the energy sector, as well as against the background of sharp fluctuations in energy prices, it is very important that you and I together confront these risks," Li Keqiang said.

Li Keqiang recalled that "China is an ancient country with more than five thousand years of civilization."

“We are proud of our glorious traditions, culture, history. At the same time, we are well aware of the fact that we have a heavy historical burden in terms of the modernization process,” he admitted.

“And we decided to widely borrow the best world experience in the management of technologies and, in general, in human civilization. We believe that openness is the only source of strength for promoting reform. We liberate human creativity so that hundreds of millions of our citizens learn to sail on market waves in the spirit of fair competition. So, there are no secrets: the "golden key" is reform and openness, "he summed up.

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