The Potential of Sino–Russian Energy Cooperation in the Arctic Region and Its Impact on China’s Energy Security

Abstract

The Sino–Russian Arctic energy cooperation is a successful example based on the comprehensive strategic partnership between the two countries. In order to analyze the impact of Sino–Russian oil and gas resources cooperation in the Arctic on China’s energy security, this paper selects 11 influencing factors such as energy self-sufficiency rate and uses the energy security index method to evaluate the three dimensions of energy supply, demand, and environmental security. The assessment results show that China’s energy security is mainly affected by the over concentration of energy import sources. At the same time, energy demand and environmental security will also have an important impact on China’s energy security. However, relative to energy demand, environmental security factors such as the proportion of clean energy consumption and channel safety factor have a greater impact on China’s energy security. After China and Russia strengthen cooperation in oil and gas resources in the Arctic, China’s energy security index is expected to increase from 0.4419 in 2020 to 0.5412 in 2025. Therefore, China can use technology, funds, scientific research, and other support to carry out all-round cooperation with Russia in the Arctic waterway, oil and gas exploration and development, and Arctic scientific research.