The Chinese company Sinopec has owned 49 percent of the oilfield Udmurtneft controlled by Rosneft since 2017. Furthermore, Sinopec, as well as the Silk Road Fund (SRF), owns 8.5 percent of shares of the Russian petrochemical company Sibur. The shares of Sinopec and SRF's stakes was originally 10 percent each when the deal took place in 2015, but it decreased to 8.5 percent each after Sibur merged with its competitor Taif in 2021. Chinese energy companies also owned stakes in liquefied natural gas (LNG) projects Yamal LNG and Arctic LNG 2 controlled by Novatek.
Share of Chinese investor stakes in Russian energy companies and infrastructure projects as of April 2023
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Statista. (April 4, 2023). Share of Chinese investor stakes in Russian energy companies and infrastructure projects as of April 2023 [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1377089/chinese-stakes-in-russian-energy-companies/
Statista. "Share of Chinese investor stakes in Russian energy companies and infrastructure projects as of April 2023." Chart. April 4, 2023. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1377089/chinese-stakes-in-russian-energy-companies/
Statista. (2023). Share of Chinese investor stakes in Russian energy companies and infrastructure projects as of April 2023. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1377089/chinese-stakes-in-russian-energy-companies/
Statista. "Share of Chinese Investor Stakes in Russian Energy Companies and Infrastructure Projects as of April 2023." Statista, Statista Inc., 4 Apr 2023, https://www.statista.com/statistics/1377089/chinese-stakes-in-russian-energy-companies/
Statista, Share of Chinese investor stakes in Russian energy companies and infrastructure projects as of April 2023 Statista, https://www.statista.com/statistics/1377089/chinese-stakes-in-russian-energy-companies/ (last visited December 22, 2024)
Share of Chinese investor stakes in Russian energy companies and infrastructure projects as of April 2023 [Graph], Statista, April 4, 2023. [Online]. Available: https://www.statista.com/statistics/1377089/chinese-stakes-in-russian-energy-companies/