国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

chinadaily.com.cn
left corner left corner
China Daily Website

China to become major consumer of Iraqi oil

Updated: 2013-01-24 07:19
By Du Juan ( China Daily)

Oil giant wants to buy 60% of Exxon Mobil stake for $50b, reports say

The energy giant China National Petroleum Corp is looking to expand its business in Iraq.

US oil company Exxon Mobil Corp wants to sell stakes in the West Qurna phase 1 oilfield in Iraq, and CNPC unit PetroChina, China's largest energy producer, is interested in buying 60 percent for $50 billion, according to Reuters.

An official who declined to be named at CNPC said he has not been informed of the deal, while Exxon Mobil declined to comment on Wednesday.

China to become major consumer of Iraqi oil 

A worker adjusts a control valve at an oil refinery in Baghdad, Iraq. China will become a major consumer of Iraq's oil and will continue to invest substantially in Iraqi oil production infrastructure, according to the International Energy Agency. [Photo/Agencies]

However, another industry insider who works at an organization under CNPC told China Daily the company has shown great interest in buying stakes in the West Qurna phase 1 since last year. "It's just too sensitive to release anything now," he said.

The insider said that since CNPC signed a service agreement with Iraq's Ministry of Petroleum on the development of the Al-Ahdab oilfield in November 2008, the company has accumulated rich experience in Iraq.

As one of the biggest oilfields in Iraq, West Qurna phase 1 has reserves of about 10 billion to 15 billion barrels, with a highest daily output of 1 million barrels.

CNPC has three oil projects in Iraq - the Al-Ahdab, Rumaila and Halfya oilfields, with an overall daily output of about 1.6 million barrels, accounting for about half of Iraq's total daily output.

Iraq's oil output will exceed 6 million barrels a day in 2020 and rise to more than 8 million barrels a day in 2035, according to a report from the International Energy Agency in November.

It said China will become a major consumer of Iraq's oil, and will continue to invest substantially in Iraqi oil production infrastructure.

Half of Iraq's oil production will eventually go to China, Fatih Birol, the agency's chief economist, estimated.

However, a Chinese expert said investing in Iraq's oil industry still carries high risks due to the current political situation there.

Previous Page 1 2 Next Page

 
...
同德县| 涿州市| 栖霞市| 上栗县| 克什克腾旗| 夹江县| 阳山县| 宝山区| 榆中县| 乐安县| 景谷| 长沙县| 静乐县| 平武县| 依安县| 隆子县| 绥宁县| 北川| 平顶山市| 安仁县| 河西区| 兴安县| 左云县| 宝丰县| 宜川县| 西丰县| 灵台县| 富裕县| 张家界市| 江华| 扬中市| 南漳县| 噶尔县| 邯郸市| 盱眙县| 桂林市| 海原县| 阿鲁科尔沁旗| 南溪县| 酒泉市| 寻甸|