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Russia to strengthen cooperation with Chinese oil companies

Russia to strengthen cooperation with Chinese oil companies

  • Categories:Industry News
  • Author:
  • Origin:
  • Time of issue:2020-03-31 14:57
  • Views:

Russia to strengthen cooperation with Chinese oil companies

  • Categories:Industry News
  • Author:
  • Origin:
  • Time of issue:2020-03-31 14:57
  • Views:
Information
The Russian oil company plans to expand its annual oil exports to 50000000 tons by 2018. The agreement with the China Company in September will help achieve this goal.
Igor Chechin (Sechin Igor), President of Russian oil company in August and Chinese Vice Premier Zhang Gaoli met, said: Russia will expand the scale of oil exploitation and pipeline, oil refineries and energy equipment, strengthen cooperation in the field of energy security in china."
In May this year, Russia for the first time in 10 years to become China's largest oil supplier, the month of China's oil exports reached 3920000 tons.
In early 9, the Russian oil and China signed a series of contracts is actually a manifestation of the completion of the established task. For example, the Russian oil and gas field of Sinopec will jointly develop Russia's oil and gas fields and rusco and Jo Lou Bo Che Nor Tuohuomu oil. Cooperation framework agreement signed during the visit of President Putin in September 3rd in Beijing.
Johan Djourou Boqienuo - Tuohuomu oil and gas field is part of the Vankor oil and gas cluster, the huge oil reserves, has proven recoverable reserves of 3.5 million tons. Russkoye oil and gas field proven recoverable reserves (oil, natural gas, other hydrocarbon energy) of about 4.1 tons.
"Existing technology can ensure that each receiving station annual average of more than 5000000 tons of cargo capacity. Two oil and gas fields in both countries can be considered a very promising long-term project, FBS analyst Yuri Prokukin (Prokudin Yury) said, the annual minimum of about 10000000 tons, 74000000 barrels".
Contract provisions, Sinopec has the right to acquire shares of the company in the two oil field. Russian oil companies announced that: the agreement provides that the largest oil companies in Siberia, Sinopec and Tyumen oil and gas company 49% of the shares, the two companies are holding these two oil field development license."
Another milestone in the oil and gas cooperation with Russia is a Russian oil and Sea Oilfield Services Co., Ltd. signed an agreement, the drilling platform will be in two exploration wells in the Okhotsk Sea Drilling in next year.
Russian oil companies are actively looking for the best compromise solution in the west to Russia's sanctions and Russia's access to high-tech channel constraints. Yuri Prokukin commented on the agreement said: "the current situation, China is one of the best choice. , of course, is worth pointing out, to attract Chinese experts in the Okhotsk Sea, the item can be counted as a "pilot" project: if successful, the Russian continental shelf 'blocked' will be broken, China will get a lot of new sales market. "
Igor Chechin, President of the Russian oil in Singapore in September 7th, the British financial times to do the theme of the forum, said, at present, to a large number of oil and gas exploitation of the country is not much. In the near future, there are some countries in the Gulf States, Africa, and perhaps the United States. In the long run, to meet the world's demand for oil and natural gas, Russia, Venezuela and Iran.
Xie Qin also stressed that Russia has the ability not only to maintain, but also improve their share in the Asia Pacific Energy market. Russia's potential gas exports to the Asia Pacific region at least 300000000000 cubic meters per year.
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