China and the United States enjoyed a broad prospect of energy cooperation and have agreed to further expand the depth and width of cooperation, a Chinese official said July 28.
Gu Jun, an official at the National Energy Administration (NEA), told a press conference at the China-US strategic and economic dialogue that the two sides have held in-depth discussion on the clean energy cooperation and energy security.
"Both sides are of the opinion that, as major energy producers and consumers, China and the United States need to ensure the stable and reliable supply of energy, avoid drastic fluctuation of the oil price and oil price hikes," she told the reporters.
The two countries have the common need to safeguard the world energy security and have lots of complementarities in energy cooperation, Gu said.
"There is bright future for cooperation in the areas of new and renewable energy, smart grid, shale gas, coal bed methane, clean use of coal and advanced nuclear energy. "
She said both China and the United States have made full use of the existing energy cooperative mechanisms and held eight sessions of the China-US Oil and Gas Forum and three rounds of China-US Energy Policy Dialogue.
