CHINA AND RUSSIA ENERGY STRATEGY DEVELOPMENT: ARCTIC LNG

Nowadays, the LNG market is a derivative of traditional gas and has certain advantages over pipeline supplies. Many countries, including Russian Federation, are trying to consolidate their positions in relatively new growing market. In paper, Sino-Russia Energy strategy perspectives until 2030 being analyzed detail. The authors analyze Arctic case as most crucial for both countries’ collaboration. considered strategic frontier China. China critical stakeholder it written newly released white paper China’s Policy . use Python 3.4. modeling testing influence economic, social environmental factors on energy methodology consists foresight analysis, principal component isolation (further- PCA) method SARIMA analysis. Research results show that values components Russia industries drastically different. However, some would be significantly developed due Russia’s existing trends by 2030. Indeed, can concluded dissimilarity between China’ oil increase 2030, indicated first, second fourth components. industry stable trend development. Keywords: Cooperation, Strategy Innovation Strategy, LNG, Principal Component Isolation analysis JEL Classifications: F42, F43, F47, L51 DOI: https://doi.org/10.32479/ijeep.11316