Chinese CNPC company is interested in participation in a wide range of projects of State Oil Company of Azerbaijan (SOCAR), said member of CNPC Board Van Shu Khon during the meeting with SOCAR President Rovnag Abdullayev.
He said China watches closely stable development of Azerbaijan’s economy.
“Various funds and Chinese Ex-Im Banks are interested in Azerbaijan, especially its energy sector,” said Van Shu Khon.
During the meeting SOCAR has presented the project of gas refining and petrochemical complex (OGPC).
* CNPC is the biggest oil and gas company of China with the headquarters based in Peking. The company occupied the fourth place in Fortune Global-500.
Since 2002 CNPC has joined Kyursengi and Garabagly oil producing projects in Salyan region of Azerbaijan, 120 km south of Baku, where its share constitutes 50%.—0—
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