www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Companies

Continent ripe for exploration

By Zhong Nan (China Daily) Updated: 2014-09-09 07:02

Shandong-based Kerui Petroleum finds a wealth of opportunities in South America, Zhong Nan reports in Dongying, Shandong.

For many private-sector Chinese companies, South America offers a wealth of potential and a less competitive environment. Energy machinery producer Shandong Kerui Petroleum Equipment Co is among those companies.

Kerui Petroleum is contemplating the construction of a $500 million oil equipment plant on the continent in the next three years.

The Dongying-based company is one of China's largest private-sector oil and natural gas equipment and extraction service providers by sales.

Continent ripe for exploration
Sinopec retail plans on track
 
Continent ripe for exploration
CNOOC adds floating oil production units
It has 49 subsidiaries around the world and 10 global service centers in energy-rich nations such as Kazakhstan, Russia, India, Algeria and Indonesia, where it makes the equipment needed to extract oil and provide oilfield services.

It is expanding its footprint around South America, including Venezuela, Argentina, Brazil, Colombia and Ecuador.

Vice-Chairman Xia Tongmin said that because China is far from South America, only a few Chinese companies are able to operate in this emerging market.

"The continent has abundant crude oil and natural gas reserves that really can benefit local people through refining and processing these resources and selling them directly to the domestic and world markets, instead of shipping them to another country for refining or letting Western companies dominate the industrial chain," Xia said.

Latin American nations, including Venezuela, Argentina and Colombia, all want to raise their living standards, and one way they aim to do that is by upgrading their infrastructure and research facilities. Importing equipment can increase oil output and optimize the energy sector.

Bai Xuefeng, director of the trade department at the China Chamber of Commerce for Import and Export of Machinery and Electronic Products, said: "From a long-term perspective, Latin American governments can use the money generated by an independent and fast-growing energy industry in other sectors. Doing so will help create jobs and build an industry chain in a sustainable way."

In China's huge domestic market, three State-owned energy giants - China Petrochemical Corp (Sinopec), PetroChina Co Ltd and China National Offshore Oil Corp - use their dominant position to generate big profits. But so far, these organizations have shown scant interest in South America, although they have established operations in Africa, the Middle East and Central Asia.

By comparison, the nation's large private-sector energy companies such as Kerui, Shanghai-based Wison Engineering Services Co Ltd and Yantai Jereh Oilfield Services Group Co Ltd have shown strong interest in Latin America, said Bai.

The political situation in South America is stable, and most countries have friendly relations with China. The continent's ports and roads, credit ratings, government transparency levels and trade tariff rates are better than those of Africa or Southeast Asia, Bai added.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 日韩欧美视频在线播放 | 欧美成人午夜影院 | 欧美人与zoxxxx另类9 | 精品理论片一区二区三区 | 国产手机在线视频放线视频 | 亚洲精品日本 | 日本一区二区不卡久久入口 | 性刺激欧美三级在线现看中文 | 99在线精品视频免费观里 | 成年女人aaaaa毛片 | 亚洲精彩视频在线观看 | 亚州一级毛片 | 韩国欧美一级毛片 | 欧美区在线 | 久草天堂| 正能量www正能量免费网站 | 一级不卡毛片免费 | 97视频免费观看2区 97视频免费上传播放 | 欧美日本一区二区三区道 | 亚洲精品区一区二区三区四 | 国产香蕉久久 | 欧美高清在线视频在线99精品 | 成人亚洲欧美日韩在线 | 中国一级片免费看 | 国产一区二区高清在线 | 高清成人爽a毛片免费网站 高清大学生毛片一级 | a级毛片免费完整视频 | 久久免费看视频 | 免看一级a毛片一片成人不卡 | 欧美成人爽毛片在线视频 | 欧洲欧美成人免费大片 | 久久精品国产免费一区 | 中文字幕在线不卡 | 色老头oldmoneyvideos | 久久久久久久网站 | 欧美—级v免费大片 | 欧美一级一极性活片免费观看 | 免费国产高清精品一区在线 | 国产毛片a精品毛 | 日韩高清在线二区 | 亚洲爱爱天堂 |