The Chinese Foreign Ministry denied the recommendation to curtail oil and gas projects in Russia

Sources told Reuters earlier that the Chinese Foreign Ministry advised the three largest oil and gas companies in China- Sinopec, CNPC and CNOOC - to reduce participation in projects in Russia.The Chinese Foreign Ministry denied this information

The Chinese Foreign Ministry did not recommend that the country's largest oil and gas companies reduce their participation in projects in Russia, Chinese Foreign Ministry spokesman Wang Wenbin said at a press conference.

Earlier, Reuters sources said that Sinopec, China National Petroleum and China National Offshore Oil received such a recommendation.

“I am not aware of the situation you mentioned. I intend to emphasize that China and Russia have always conducted ordinary trade and economic cooperation based on the principles of mutual respect, equality and mutual benefit,” Wang answered the relevant question.

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On March 25, Reuters, citing Sinopec sources, reported that the company had suspended talks on major investments in Russia's petrochemical industry and purchases of Russian gas. According to the agency, the decision to temporarily abandon investments, according to some reports, up to $500 million, was motivated by an unwillingness to fall under sanctions . The interlocutors of the agency also specified that the Chinese Foreign Ministry advised the three largest oil and gas companies in China - Sinopec, CNPC and CNOOC - to reconsider their relations with Russian partners.