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Abstract Petroleum industry plays an important role in both the Chinese and Russian economy.Petroleum cooperation between
the two countries continue to accelerate since China opening wider to the outside world, and Chinese oil companies have increased
their presence in Russia. Sino–Russia joint-ventures, oil & gas trade has progressed smoothly, there is a better future for cooperation
in oil & gas development in Russian Far Eastern region. Chinese and Russian companies will continue to benefit from collaboration
in petroleum industry.
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Published: 05 August 2015
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