The 69 year old Onesta Moniz (Ernest Moniz) in May last year to replace Zhu Diwen as American energy minister. Itself is the energy field of world-class scientists Moniz, advocates of natural gas and nuclear power as an alternative to coal cleaner energy. The outside world that, in America shale gas, shale oildevelopment background, how to balance the development of traditionalenergy and new energy is the main challenge in Moniz's.

Moniz's visit to China last October issue and the U.S. - China strategic and Economic Dialogue (S& ED) the main issues in Sino US trade and investment includes not only traditional energy cooperation in strategic oil reserves, natural gas, including prominent nuclear energy and other new energy cooperation.

At the end of this round of S& ED, Moniz accepted an interview with "First Financial Daily" reporters, he America liquefied natural gas exports, Sino USenergy cooperation, talk about their own views.

Natural gas trade and investment prospects

The prospect of the Sino US cooperation in this field, Moniz told the "First Financial Daily" the reporter, if USA to start exporting liquefied natural gas(LNG), have no what can hinder the Chinese become America LNG export destination.

Moniz said, in addition to the current America Arras California and a small part of the LNG export, America mainland 48 other states have no exit LNG. The earliest LNG export is expected in early 2016. American Department of energyrecently simplified license evaluation process, believe that will simplify and speed up the whole process. The market will ultimately decide. Is expected toUSA will become an important exporter of LNG before 2020.

Due to the development of shale gas, America will become the largest natural gas producer in 5 years, the future may also become a net exporter of gas.

At present, between China and the United States has not signed the free trade agreement (FTA), fears that USA is limited to the China export LNG will, or in violation of the relevant regulations of WTO. Moniz thinks, Chinese and otherfailed to sign the FTA and America countries, has no effect in this respect.Department of energy will issue the export LNG to non FTA countries to thecompany's license.

Moniz thinks, China will not only can import LNG from USA, shale gasdevelopment can be American of investment. China can sign a commercial contract, and obtaining export license, at the same time, USA in natural gas development areas open to Chinese investment. In fact, China investment in the development of shale gas America of at least $5500000000. The sameChinese can also invest in American natural gas export facilities field.

Nuclear energy cooperation technology exchange

Chinese is the construction of the third generation nuclear power plant, thecommitment and the pressure of the use of clean energy, Chinese become the rapid growth of nuclear energy market. At the same time, in China nuclear power to go out of the trend, China also has space for cooperation in the third party nuclear energy market.

In 2013 October, China Guangdong Nuclear Power Group and the French power company (EDF) cooperation in the construction of the Hinckley angle(Hinkley Point) nuclear power plant project.

Moniz tells a reporter, nuclear energy cooperation is an important part ofbilateral cooperation. "After several peer discussion with China nuclear energy cooperation, especially the AP1000 type reactor, very glad to see the AP1000 technology firm commitment. We know that there are problems in supply chain,believe that the problem has been resolved, like Westinghouse and China as far as possible, reduce project delay."

Moniz also said, the breakthrough in the next generation of nuclear technologyfor cooperation on the project. In addition, USA Department of energycombined with other departments and major nuclear suppliers through technology to advance the project to speed up cooperation with some countries, including China.

Moniz said, nuclear power construction, in nuclear safety, nuclear non-proliferation and other fields, and also has a broad space of cooperation.

Nuclear energy is still one of the main forms of low carbon energy future. Inthis round of Sino US Moniz's view, S& ED is the bright spot of two governments jointly make firm commitments on climate change and clean energy cooperation and development. One way of achieving this goal is toincrease nuclear power investment.

Moniz's visit to China in October last year, Chinese National Energy Bureauand American Department of energy signed a "memorandum of understanding on the bilateral energy policy dialogue.".

Cooperation in strategic oil reserves will stabilize the international market

Chinese National Energy Bureau website information display, in July 10th, the national development and Reform Commission deputy director, national energy secretary Wu Xinxiong met with Moniz in Beijing, the Sino US tradedevelopment of shale gas, LNG, AP1000 nuclear power projects, energy,information sharing and other fields of cooperation in-depth exchange of views.

During the meeting, Wu Xinxiong also and Moniz's signed a "memorandum of understanding China National Energy Bureau and America Department of energy on the strategic petroleum reserve cooperation" (hereinafter referred to as "the strategic petroleum reserve memorandum").

Moniz told the "First Financial Daily" reporters, the strategic petroleum reservememo relates to energy security, the Department of energy and the ChinaAmerican National Energy Bureau, China and the United States will cooperate in the strategic petroleum reserve, American oil reserves has a history of 35 years, and China are building their own oil reserves. In the current global oil market exists some doubts and fears, now is the best time to Sino USexchange of views. USA and Chinese exchange reserves operating experience, the hope can and