| | | 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. |
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| | | | 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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