久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

  Home>News Center>Bizchina>Business
       
 

Oil giants cast eyes abroad
By Wang Ying (China Daily)
Updated: 2005-10-01 08:36

China's oil majors are strengthening ties with foreign counterparts to tap domestic and overseas oil-gas reserves, in a move to meet the country's surging demand for energy.

China's largest oil and gas producer, China National Petroleum Corp (CNPC) and Europe's largest oil refiner Total SA, have agreed to develop a gas field in Northwest China, and set up an oil and gas reserve exploration partnership in a third country.

The two oil giants on Wednesday signed two Memorandums of Understanding (MOUs) to scale up their footing in both markets through joint efforts, said a company statement on CNPC's website.

The Sino-French oil company alliance will work on the Sulige gas field, located in the Ordos Basin in Northwest China, Liu Weijiang, CNPC spokesman for overseas business on Friday confirmed to China Daily, but did not elaborate on the overseas assets that the two oil firms are eyeing.

Industry sources said the Sulige field has gas reserves of up to 602.6 billion cubic metres.

"It is only a set of framework agreements, and more follow-up projects are still under discussion," Liu said on Friday.

"The partnership with Total marks a significant advance for CNPC in forging strategic relations with foreign oil conglomerates and expanding business," the CNPC statement said.

According to the statement, the partnership allows the companies to complement each other and sharpen their competitive edge. CNPC will benefit from improved corporate management and technology, while Total aims to increase its market share.

China, the world's fastest-growing major economy, relies on imports for almost 40 per cent of its oil demand. Industry analysts forecast that proportion will increase beyond 50 per cent by 2020.

The government has also set an ambitious target of accelerating natural gas use. It plans for natural gas to supply 8 per cent of the nation's energy needs by 2010 from the current 3 per cent.

Such a huge demand potential has lured an increasing number of energy giants from both China and abroad to cash in on the business.

CNPC's deal came shortly after the nation's third largest oil producer, China National Offshore Oil Corp (CNOOC) signed similar MOUs with Thai oil companies to expand business in both the Thai market and overseas fields, last week.

CNOOC has agreed with Thailand-based PTT Public Company Ltd and PTT Exploration and Production, the two dominant companies in the Southeast Asian country's oil market, to explore and produce oil-gas products both in Thailand and abroad. The two sides also aim to find new potential for old fields in Thailand, a company statement said.

A CNOOC spokesman on Friday told China Daily the company plans to double oil production over the next five years.



 
  Story Tools  
   
  Related Stories  
   
Oil consortium buys EnCana Ecuador assets
Advertisement
         
主站蜘蛛池模板: 一区二区三区在线 | 日本 | xxx国产老太婆视频 xxx欧美老熟 | 日韩午夜在线视频 | 亚洲国产精品综合久久 | 扒开双腿猛进入喷水免费视频 | 亚洲日本va| 中文在线视频观看 | 日日爽夜夜操 | 欧美在线一区二区三区欧美 | 一级美国乱色毛片 | 视频精品一区二区三区 | 午夜亚洲 | 日本a级三级三级三级久久 日本a级特黄三级三级三级 | 欧美日韩亚洲精品一区 | 亚洲欧美日韩高清 | 99久久免费国产精品 | 香蕉97碰碰视频免费 | 精品少妇一区二区三区视频 | 思思99re| 91成年人视频 | 免费看a| 人成免费网站 | 狠狠狠狠狠 | 青青草国产免费国产是公开 | 午夜一级做a爰片久久毛片 午夜伊人网 | 欧美日韩高清不卡免费观看 | 91国在线观看 | 男女男精品视频网站在线观看 | 色综合久久久久久888 | 一级女性黄 色生活片 | 亚洲精品www | 在线视频欧美亚洲 | 国内自拍偷拍视频 | 欧美一级在线毛片免费观看 | 亚洲 欧美 激情 另类 自拍 | 手机午夜看片 | 久久精品国产99国产 | 欧美一级毛片兔费播放 | 亚洲综合在线视频 | 99re思思 | 成人精品视频一区二区在线 |