To limit global temperature rise to the necessary 1.5 degrees by the end of this century, we must reduce emissions by 45 per cent from 2010 levels by 2030, and we must achieve climate neutrality by 2050.

«Сегодня историческое событие для России и Китая. „Восточный“ маршрут, „Сила Сибири“ — это глобальный, стратегически значимый и взаимовыгодный проект. Новая орбита сотрудничества двух стран в энергетике с перспективой дальнейшего развития. Чистая энергия сегодня и в будущем, на десятилетия вперед», — сказал Алексей Миллер.

В своем докладе министр отметил, что за последние семь лет суммарный объем инвестиций в электросетевой комплекс составил 2,6 трлн рублей, было введено 165 тыс МВА трансформаторных мощностей и 250 тыс км линий электропередачи.

Как подчеркнул Александр Новак, в части поставок электроэнергии Россией и Монголией накоплен значительный многолетний опыт. Так, за 2018 год экспорт электроэнергии из России в Монголию достиг 416 млн кВтч, при этом в связи с обращением монгольской стороны в 2015 году пропускная способность основной линии электропередачи Селендума – Дархан, по которой осуществляются поставки электрической энергии из энергосистемы Республики Бурятия в центральный регион Монголии, была увеличена со 175 до 245 МВт.

Russia has begun gas supplies to China via the Power of Siberia pipeline, the largest gas project in its history and a symbol of Moscow’s diplomatic pivot towards Beijing at a time of worsening relations with the west.

The relaxing of curbs on coal power, combined with shrinking investment in solar and wind energy, have caused further alarm over carbon dioxide emissions in China.

“Rosatom [the Russian nuclear company] is prepared to help our African partners in creating a nuclear industry,” Putin said, with “the construction of research centers based on multifunctional reactors.”

They believe relentless US oil production growth will slow rapidly next year.

In the first nine months of 2019, US thermal exports were more than 10 million mt below the year-ago period's total, and vessel tracking data show October exports are expected to come in close to September levels.

Nuclear power provides about 10% of the world’s electricity and contributes one third of all low-carbon electricity.

The package would come to around 13 trillion yen ($120 billion), but that would rise to 25 trillion yen ($230 billion) when private-sector and other spending are included.

The Saudi economy recorded its biggest increase in new work in more than four years in November according to a report from IHS Markit.

In total, the Saudi government plans to sell 0.5% of Aramco to individual investors and the remainder to domestic institutions and international firms registered in the kingdom, known as qualified foreign investors.

Russia, a key non-OPEC ally, has so far opposed deeper cuts or a longer extension. But Moscow has often taken a tough stance before every meeting before approving the policy. Sources said Saudi Arabia was working on convincing Russia.

Dr. Sultan Al Jaber, UAE Minister of State and ADNOC Group CEO, highlighted during his speech at the meeting that the vision of the UAE leadership established a long-term forward-looking vision for the future of energy and oil aiming to enhance the leading and advanced standing of the UAE in the sector. He shed light on the qualitative leap achieved by ADNOC for institutional development and modernization by the adoption of innovation and technology aims to continue to contribute to the achievement of the leadership vision by diversifying sources of income and investment in national talent and business sustainability and shaping the future.