综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

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

 
...
祁连县| 吉首市| 海伦市| 吴忠市| 安顺市| 新宾| 来安县| 明水县| 长武县| 宿松县| 大荔县| 大连市| 山东省| 星座| 建阳市| 新乡县| 万州区| 广宗县| 运城市| 和顺县| 威宁| 德保县| 卫辉市| 保德县| 深水埗区| 泾川县| 大丰市| 疏勒县| 江永县| 嘉峪关市| 晋江市| 荔浦县| 邢台县| 霍邱县| 栖霞市| 昌邑市| 探索| 攀枝花市| 棋牌| 海原县| 永定县|