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

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: 亚洲国产成人va在线观看网址 | 国产精品久久久久免费a∨ 国产精品久久久久免费视频 | 国产91网址 | 免费在线观看亚洲 | 午夜欧美性欧美 | 日韩三级欧美 | 国内自拍第五一页 | 久艹视频在线 | 久久久久免费观看 | 国产精品一区二区av | 国内久久精品视频 | 久久久网久久久久合久久久久 | 大量真实偷拍情侣视频野战 | 亚州va| 欧美片网站免费 | 亚洲自拍偷拍图 | 国产亚洲精品一区二区在线播放 | 国产精品一级视频 | 99精品国产免费久久国语 | 最新欧美精品一区二区三区不卡 | 日本伊人精品一区二区三区 | 成人国产精品一区二区网站 | yellow中文字幕久久网 | 国产在线黄 | 亚洲国内自拍 | 99久久久久国产精品免费 | 国产精品三级国语在线看 | 国产美女高清一级a毛片 | www.av网| 亚洲成人一级片 | 国产精品性视频免费播放 | 性夜影院爽黄a爽免费看网站 | 直接在线观看的三级网址 | 国产精品秒播无毒不卡 | 在线高清免费爱做网 | 欧美成人精品大片免费流量 | 国产初高中生粉嫩无套第一次 | 99久久香蕉| 欧美成人综合在线观看视频 | 狠狠色丁香婷婷久久综合不卡 | 日韩视频在线观看一区二区 |