Abstract
The priorities of Russian energy policy on the basis of Russian energy strategy until 2035 are proposed. Having narrowed the changes in Russia's energy policy, the article notes that the main priorities are strengthening the participation of China Development Bank in energy deals, building LNG and Pipelines in the context of energy cooperation, increasing the trust in Russia-China energy relations. The main limiting factor is not so much the limited resources as the costs of fuel production and the possibility of increasing the volume of energy exports to China, as well as low levels of energy efficiency and energy saving. In this situation, the possibility of progressive development of relations between China and Russia can be achieved only through fundamental changes in the industry. Expanding the field of cooperation energy investments is worth mentioning.
Highlights
The Russian Energy Strategy 2035 was approved in 2014 by the Government of the Russian Federation and consists of new objectives and priorities
The Second phase begins with an innovative development, energy efficiency and construction of the infrastructure of an already new economy
The last third phase will work when the country will have developed an innovative economy with energy efficiency use that based on investments and innovations developed during second phase
Summary
The Russian Energy Strategy 2035 was approved in 2014 by the Government of the Russian Federation and consists of new objectives and priorities. The document includes the implementation of phases. The First phase includes goals intended for the period of overcoming the crises faced by the economy. The Second phase begins with an innovative development, energy efficiency and construction of the infrastructure of an already new economy. Successful implementation of the second phase relies on the development of the Eastern Siberia and the Russian Far East. The last third phase will work when the country will have developed an innovative economy with energy efficiency use that based on investments and innovations developed during second phase
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