{"title":"Sino-Russian Cooperation in the Field of Natural Gas Trade in the Context of Western Sanctions","authors":"Hanting Xie","doi":"10.24158/pep.2024.2.5","DOIUrl":null,"url":null,"abstract":"Since 2014, Russian energy companies have faced challenges due to sanctions imposed by Western coun-tries. However, after the outbreak of the Russian military intervention in Ukraine in 2022, sanctions took on an avalanche-like nature, posing a serious threat to the development of the Russian energy sector. This forced Russia to reorient its export flows of hydrocarbons, especially natural gas. Sanctions in the energy sector had a significant impact not only on Russia’s energy industry but also on the global market for energy resources. They led to a reconsideration of the trading strategy for energy resources between Russia and China. This article highlights and characterizes the challenges posed by anti-Russian sanctions to the cooperation between Rus-sia and China in the supply of Russian gas after the start of the Russian military intervention in Ukraine in Feb-ruary 2022.","PeriodicalId":507515,"journal":{"name":"Общество: политика, экономика, право","volume":null,"pages":null},"PeriodicalIF":0.0000,"publicationDate":"2024-02-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Общество: политика, экономика, право","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.24158/pep.2024.2.5","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 0
Abstract
Since 2014, Russian energy companies have faced challenges due to sanctions imposed by Western coun-tries. However, after the outbreak of the Russian military intervention in Ukraine in 2022, sanctions took on an avalanche-like nature, posing a serious threat to the development of the Russian energy sector. This forced Russia to reorient its export flows of hydrocarbons, especially natural gas. Sanctions in the energy sector had a significant impact not only on Russia’s energy industry but also on the global market for energy resources. They led to a reconsideration of the trading strategy for energy resources between Russia and China. This article highlights and characterizes the challenges posed by anti-Russian sanctions to the cooperation between Rus-sia and China in the supply of Russian gas after the start of the Russian military intervention in Ukraine in Feb-ruary 2022.