According to reports, CNPC Chairman Wang Yilin said the company will be signed in the next two days worth 20 billion US dollars contract, including the United States, including foreign imports of more crude oil and natural gas, as well as participation in the rapid development of the liquefied natural gas market in Asia.
According to the information provided by CNPC, the project includes a Yunnan refinery built in cooperation with Saudi Aramco, a $ 4 billion Azerbaijani gas project, a Russian gas power plant project and a Kenya geothermal power generation project.
Wang Yilin in an interview with the media pointed out that the US oil and gas resources, China hopes to expand imports of energy from the country, so that China’s energy supply more diversified.
In addition to increasing imports of US energy, CNPC has also initially established China Unicom’s oil and gas supply and market network. On May 8, Wang Dongjin, deputy general manager of CNPC, said that CNPC actively promoted infrastructure construction, and four major oil and gas transportation channels were formed from northwest, northeast, southwest and east in Central Asia, China, Russia, China, Myanmar and the sea. China Unicom, through the benefits of multi-national oil and gas supply and market network.
The end of March this year, the oil released 2016 annual report, when the net profit of 7.857 billion yuan, the highest since the record record, down 77.9%. Xinhua quoted the industry analysis, said CNPC upstream assets accounted for larger, sensitive to oil prices, by the international oil prices and other factors have a greater impact, the performance fell sharply. Stannous sulphate
CNPC said that in 2016, the international oil prices hovering low, the oil field service industry has not yet got rid of the impact of low oil prices, the company production and management pressure to further increase.
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