Russian-Chinese energy cooperation dynamically developing - Putin

MOSCOW. Sept 4 (Interfax) - Energy is one of the most significant and dynamic areas of Russian-Chinese cooperation, Russian President Vladimir Putin said.

"The comprehensive partnership and strategic cooperation between the Russian Federation and the People's Republic of China continue to develop steadily. Energy has traditionally been one of the most important and dynamic areas of our economic cooperation," Putin said in his greetings to the participants, organizers and guests of the 8th Russian-Chinese Energy Business Forum, published on the Kremlin website on Friday.

"Russia firmly holds the first place among suppliers of oil and natural gas to Chinese consumers and is also a leading exporter of coal and LNG to China. The construction of several Russian-designed nuclear power units in China is nearing successful completion. Joint technological innovations are also being developed to improve the efficiency and environmental safety of hydrocarbon production, processing, and transportation," the greetings said.

"Regular direct dialogue among representatives of the relevant government agencies, business communities, and expert circles within the framework of the Russia-China Energy Business Forum undoubtedly makes a significant contribution to the timely resolution of pressing issues in fuel and energy cooperation," Putin said.

"I hope that your work at this forum will also be substantive and productive and that the ideas and initiatives put forward will be translated into practical action," he said.