The total value of Russia's natural resources exceeds $100 trillion, an amount nearly double that of the United States, as stated by Rosneft CEO, Igor Sechin, at the Russia-China Energy Business Forum.
Igor Sechin emphasized that Russia, thanks to its unique natural resource base, can guarantee the energy security of the entire Eurasia. According to him, Russia is a key player in the global energy market, accounting for approximately 15% of global hydrocarbon exports.
Sechin underlined that Russia's unique energy "reservoir" allows it to function as a pillar of stability for the entire Eurasia, offering security of supply in a period of increased geopolitical tensions.
Russia's role in the global energy market
Sechin also relied on data highlighting Russia's significant role in international markets. As he reported, the country accounts for approximately 15% of global hydrocarbon exports, a percentage that keeps Moscow firmly among the top global energy players. Despite the sanctions and restrictive policies adopted in recent years, Russia continues to act as one of the most important suppliers of oil and natural gas, directing an increasingly larger part of its production towards Asian markets—primarily China.
Strategic approach with Beijing
Sechin's statements were made at a forum that highlights the increasingly close energy cooperation between Moscow and Beijing. Russia seeks to establish its role as a key energy supplier to the Chinese economy, while simultaneously strengthening its geopolitical influence in the wider Eurasian region. Cooperation with China, Sechin noted, acts as a counterbalance to Western pressures, allowing Russia to maintain an uninterrupted presence in high-demand international markets.
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