日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

US EUROPE AFRICA ASIA 中文
Business / Companies

Sinopec to pay $1.2b for stakes in Lukoil projects

By Du Juan (China Daily) Updated: 2014-04-17 08:46

Sinopec to pay $1.2b for stakes in Lukoil projects

Russia's No 2 oil producer Lukoil said it agreed to sell its 50 percent of Caspian Investment Resources Ltd to Sinopec, which already owns the other half of the company. GENG GUOQING/CHINA DAILY

Move said to boost Chinese energy cooperation in Central Asia region

Asia's largest refiner Sinopec Group will buy stakes in several Kazakhstan oil projects for $1.2 billion from Oao Lukoil, Russia's No 2 oil producer, boosting Chinese energy cooperation in Central Asia.

"Chinese companies are increasingly buying into Central Asia in the energy sector," Zhang Bin, an analyst with commodities consultant Sublime China Information Co, said. This "will help reduce domestic oil costs and ensure supply in the long run".

Details on product sharing under the deal will determine its market influence, Zhang said. Sinopec will publish further details by the end of the week.

Sinopec to pay $1.2b for stakes in Lukoil projects
 Tesla in search of deal with Sinopec

Sinopec to pay $1.2b for stakes in Lukoil projects
Sinopec 2013 net profit up 3.5% 
Lukoil said it agreed to sell its 50 percent of Caspian Investment Resources Ltd to Sinopec which already owns the other half of the company. The Chinese State-owned company will become full owner by the end of the year. Lukoil's share of production through Caspian Investment was 30,000 barrels a day in 2013.

With China's appetite for crude growing rapidly in past years to sustain economic growth, Chinese companies are seeking more overseas resources. Their search is shifting toward areas with a more stable political and investment environment with fewer risks, away from unstable countries and regions.

China has accelerated energy cooperation with Central Asian countries in both oil and natural gas. The biggest Chinese venture in Kazakhstan is operated by China National Petroleum Corp, the largest oil and gas developer. The project's daily crude output is 50,000 barrels.

During President Xi Jinping's visit to Central Asian states last fall, China announced $30 billion of deals with Kazakhstan.

According to the 2013 Annual Development Report on World Energy by the Chinese Academy of Social Sciences, Central Asia has proven reserves of 6.87 billion metric tons of crude oil and 12.85 trillion cubic meters of natural gas.

"China is expanding energy cooperation in the region with Kazakhstan as a core partner, via different forms including upstream exploration, building cross-countries natural gas pipelines, mergers and acquisitions of energy ventures in the region and providing oilfield services," the report said.

Kazakhstan owns 3 percent of the world's recoverable oil reserves and is the second largest former Soviet oil producer after Russia, according to public information.

 

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 天堂在线中文字幕 | 成人免费在线电影 | 免费看淫片 | 免费色网址 | 91免费在线视频 | 91视视频在线观看入口直接观看 | 男女一进一出无遮挡黄 | 国产精品美女www爽爽爽视频 | 婷婷色中文字幕 | 久草国产精品 | 亚洲图片色图 | 91精品久久久 | 俄罗斯厕所偷窥视频 | 午夜精品电影 | 免费人成在线播放 | 六月色婷| 国产在线不卡 | 自拍视频在线观看 | 欧美性高清bbbbbbxxxxx | 免费国产一级特黄久久 | 天天夜天干天天爽 | 色综合伊人色综合网亚洲欧洲 | 那里有毛片看 | 中国av在线 | 玖玖在线免费视频 | 国产精品爱久久久久久久小说 | 国产精品蜜芽在线观看 | 一区久久 | 草久免费| 四色成人av永久网址 | 99re久久资源最新地址 | 日本一道本视频 | 男女xx00xx的视频免费观看 | 天天操天天干天天爽 | jiucao视频在线观看 | 富二代精品视频 | 国产精品久久久久久无码人妻 | 欧美国产精品一区二区 | 成人性大片免费观看网站 | 日日摸夜夜爽日日摸视频 | 综合一区二区三区 |