Здравствуйте. Вся информация этого сайта бесплатна. Вы можете сделать пожертвование и поддержать наше развитие. Спасибо.

Hello. All information of this site is free of charge. You can make a donation and support our development. Thank you.

2015-04-02 19:30:00

CHINA & PAKISTAN INVESTMENTS

CHINA & PAKISTAN INVESTMENTS

Chinese oil and Gas companies have expressed keen interest to make contribution in the oil and Gas sector of Pakistan to cater the growing demand of the country.

The interest was shown by the representatives from private and public sector oil and gas companies of China who participated in the workshop on Pakistan-China cooperation in the field of oil and Gas sector held here today.

Arshad Mirza, Secretary Ministry of Petroleum and Natural Resources led the Pakistani side while Yang Lei, DG National Energy Administration, China, was heading the Chinese delegation.

This was the first workshop between the two countries onoil and gas sector wherein both sides agreed to foster bi-lateral cooperation in the petroleum sector.

The workshop was informed that Pakistan is endowed with an estimated 160 Trillion Cubic Feet (TCF) of natural gas reserves including 105 Trillion Cubic Feet (TCF) of Shale gas reserves.

Exploitation of these resources require huge investment besides application of state of the art technology and know-how.

Representatives from Chinese oil and gas companies also expressed their willingness to resuscitate the abandoned oil fields in the country through Enhanced Oil Recovery (EOR) technique.

Chinese companies were eager to invest in exploration of hydrocarbon techniques including the deep-water offshore exploration in the country.

Secretary Ministry of Petroleum in his concluding remarks appreciated the role and contribution of Chinese companies in the development of petroleum sector of Pakistan and their keen interest to invest in the sector.

He expressed confidence that existing cooperation with china in petroleum sector would help Pakistan addressing the growing energy demand in the country.

The workshop was also attended by Additional Secretary Ministry of Petroleum and Natural Resources, Furqan Bahadur Khan, joint Secretary Petroleum , Syed TaquirHussain Shah, Senior representatives from Pakistan Petroleum Limited(PPL), Oil and Gas Development Company Limited (OGDCL) and other high ranked officials from the Ministry of Petroleum and Natural Resources.

Senior Officials from China Zhenhua oil Co Ltd; China National Offshore Company (CNOOC), United Energy Group Ltd,China Petroleum Pipeline Company,China National Petroleum Corporation (CNPC),Kerui Group of China etc.

Also briefedabout the products and their interest to explore further avenues of investment in oil and gas sector of Pakistan.

aaj.tv

Tags: CHINA, PAKISTAN, OIL, GAS

Chronicle:

CHINA & PAKISTAN INVESTMENTS
2018, January, 19, 12:15:00

S.KOREA'S DIVERSIFICATION

PLATTS - For full-year 2017, South Korea's crude imports from its biggest supplier Saudi Arabia fell 1.7% to 319.02 million barrels, compared with 324.45 million barrels in the previous year, customs data showed. On the contrary, South Korea has imported 1.77 million mt, or around 13 million barrels, of crude from the US in 2017, about four times higher than in 2016. Shipments from Russia grew to 140,000 b/d last year from 112,000 b/d in 2016.

CHINA & PAKISTAN INVESTMENTS
2018, January, 19, 12:10:00

ADNOC'S 2030 STRATEGY

AOG - ADNOC’s 2030 strategy, he said, aims to capitalise on predicted global economic growth and demand for oil and petrochemical products, particularly in non-OECD countries. As its business responds to changing market dynamics, the company will continue to broaden its partnership base, strengthen its profitability, adapt to new realities and expand market access.

CHINA & PAKISTAN INVESTMENTS
2018, January, 19, 12:05:00

TOSHIBA SELLS WESTINGHOUSE

WNN - Under the terms of the assignment and purchase agreement it has signed with Nucleus and Brookfield, Toshiba will sell its rights to assert claims against Westinghouse related to the parent guarantees in the amount of $5.788 billion, and on account of other claims Toshiba holds against Westinghouse in the amount of $2.284 billion to Nucleus, for the sale price of $2.160 billion.

CHINA & PAKISTAN INVESTMENTS
2018, January, 17, 23:50:00

OIL PRICES: NOT ABOVE $70 YET

REUTERS - Brent crude futures LCOc1 were at $69.23 a barrel at 0808 GMT, up 8 cents from their last close, but down from a high of $69.37 earlier in the day. Brent on Monday rose to $70.37 a barrel, its highest since December 2014, the start of a three-year oil price slump. U.S. West Texas Intermediate (WTI) crude futures CLc1 were at $63.84 a barrel, down from a high of $63.89 earlier, but up 11 cents from their last settlement. WTI hit $64.89 on Tuesday, also the highest since December 2014.

All Publications »