| | | Since 2003, CNPC has signed agreements with Sakhalin Energy, Lukoil and Rosneft in the fields of oil trade, petroleum exploration and development, and oilfield service and engineering.
In October 2006, CNPC and Rosneft jointly established Vostok Energy Ltd., in which CNPC has a 49% stake. In August 2007, Vostok Energy Ltd. won an auction for licenses to explore for oil and gas in two eastern Siberian blocks in North Irkutsk Province of Russia: Verkhneichersky and West Chonsky. |
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| | | | CNPC provides engineering and oilfield service, including geophysical prospecting and pipeline construction. In 2006, CNPC provided 3D seismic data acquisition services for TNK-BP. In 2007, in the construction of Russian's Far-East Crude Pipeline project, CNPC installed the 170km-long trunk pipeline in the eastern section from Aldan to Tynda, with the application of various welding techniques. The welding of the main part of the pipeline has been completed in June 2008.
In October 2008, CNPC signed the Agreement on Principles for the Construction and Operation of a Crude Pipeline from Skovorodino to the China-Russia Border with Transneft. Under the agreement, China and Russia will jointly construct and operate the Sino-Russian Crude Pipeline, which will extend from the Siberian city of Skovorodino to Daqing via China’s border city of Mohe. All told, 70 kilometers will be constructed in Russia and 960 kilometers will be constructed in China.
On April 27, 2009, the groundbreaking ceremony for the Russian section was held at Skovorodino station. On May 18, construction began of the Mohe-Daqing section, which extends from Xing’an Town of Mohe County, Heilongjiang, southward through five cities and 12 counties, to Daqing. |
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| | | | October 13, 2009 Witnessed by the premiers of the two countries, CNPC signed the framework agreement on Russia exporting natural gas to China with Gazprom, and a memorandum of understanding on upstream-downstream cooperation with Rosneft.
May 18, 2009 Construction commences of the Mohe-Daqing section of the Russia-China Crude Pipeline. The 1,030km pipeline, runing from Russia's Siberian city of Skovorodino to China’s northeastern city of Daqing, has a designed annual deliverability of 15 million tons, and is expected to become operational by the end of 2010.
Feb. 17,2009 CNPC signs an agreement to design, construct and operate a pipeline from Skovorodino in Russia to China's border area with Transneft, and two agreements on a long-term crude oil trading deal with Rosneft and Transneft respectively, laying the foundation for the construction of a Russia-China Crude Pipeline.
Oct. 28, 2008 An agreement in principle is signed with Transneft on the construction and operation of a crude pipeline from Skovorodino in Russia to Mohe at the Sino-Russian border. According to the agreement, China and Russia will jointly construct and operate the Russia-China Crude Pipeline based on the Phase I project of Russia's Far East Pipeline.
Oct. 2006 CNPC and Rosneft jointly established Vostok Energy Ltd., of which CNPC held 49% of stake.
Sept. 2006 CNPC signed a strategic cooperation agreement with Lukoil Company.
Mar. 2006 CNPC signed a MOU on Supplying Natural Gas from Russia to China, an Agreement on the Basic Principles for the Establishment of Joint Ventures in China and Russia for Strengthening Oil Cooperation and a Minute on CNPC-Transneft Meeting with Gazprom, Rosneft and Transneft respectively.
Jul. 2005 CNPC signed a long-term cooperation agreement with Rosneft.
Dec. 2003 CNPC and Sakhalin Energy signed a frame agreement on exploration and development in Russia’s Sakhalin oilfield. |
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