On May 18, the
Ministry of Land and Resources of the People’s Republic of China held an
on-the spot meeting at the Blue Whale 1 semi-submersible drilling rig
in the Shenhu Area of the Northern South China Sea to announce China’s
first successful pilot production of natural gas hydrates.
On the morning of May
13, Wang Yilin met with Alisher Sultanov, Chairman of Uzbekneftegaz.
During the meeting, they spoke highly of bilateral oil and gas
cooperation, and compared notes on further strengthening natural gas
trade, reforming gas storages, enhancing the recovery of mature oil and
gas fields, and building new projects. Then, Wang Yilin and Sultanov
signed the Supplementary Agreement to the Purchase and Sales Contract
between CNPC and Uzbekneftegaz and the Memorandum of Understanding on
GazilGas Storage Cooperation between CNPC and Uzbekneftegaz. They also jointly witnessed the signing of the Agreement
between China National Petroleum Corporation, Bank of China and
Uzbekneftegaz for Financing Loan for New Silk Road Project.
On the morning of May
15, Wang Yilin met with Rovnag Ibrahim Abdullayev, President of State
Oil Company of Azerbaijan Republic (SOCAR). During the meeting, the two
sides exchanged extensive views on implementing the existing cooperation
projects and accelerating cooperation in the upstream and downstream
sectors and with third countries. The two sides pledged to make constant
efforts to expand and deepen cooperation while further consolidating
the existing projects, so as to create more opportunities for
cooperation under the Belt and Road Initiative. Before the meeting, Wang
Yilin and Abdullayev had jointly witnessed the inking of the FEED/OBCE Contract for Azerbaijan Natural Gas Chemical Project. On the afternoon of May 14, Wang Yilin signed in China National Convention Center in Beijing the Memorandum
of Understanding on Investment and Financing Cooperation between CNPC,
China Development Bank and SOCAR for Azerbaijan Natural Gas Chemical
Project with Abdullayev and Hu Huaibang, Chairman of China Development Bank.
On the morning of May
15, Wang Yilin met with Alexey Miller, Chairman of Gazprom Management
Committee. During the meeting, they discussed important issues on
strategic cooperation and some specific issues on gas pipeline
construction and gas supply to China. Before the meeting, Wang Yilin and
Miller, Liu Qitao, Chairman of China Communications Construction
Company Limited, and Sergey Kelbakh, Chairman of Russian Highways State
Company signed the Memorandum of Understanding on Strategic
Cooperation between CNPC, CCCCLTD, Gazprom and Russian Highways State
Company in Using LNG as Vehicle Fuel for Trunk Road Transport. After the meeting, Wang Yilin and Miller entered into the Memorandum
of Understanding on Tripartite Cooperation between CNPC, Gazprom and
China Huaneng Group in Natural Gas Power Generation, and witnessed
the signing of contracts for technical services including underground
gas storage construction. Under the agreements, comprehensive
cooperation will be carried out in terms of underground gas storage
construction, natural gas power generation, and LNG supply.
On the afternoon of
May 15, Wang Yilin met with Igor Sechin, CEO and Chairman of the
Management Board of Rosneft. During the meeting, the two sides said that
as strategic partners playing an important role in the cooperation
along the Belt and Road route, they will further expand crude oil trade
and work together to increase crude supply; they will fully respect the
law of the market and promote the cooperation project of Orient
Petrochemical Tianjin Refinery; they will strengthen upstream
cooperation through careful studies and explore cooperation in third
countries. After the meeting, on behalf of CNPC and Rosneft
respectively, Wang Yilin and Sechin signed the Agreement between CNPC and Rosneft for Establishing Joint Coordination Committee.
Under the agreement, the two sides decided to set up a joint
coordination committee to promote pragmatic cooperation between CNPC and
Rosneft in various fields.
On the afternoon of
May 15, Wang Yilin met with Sauat Mynbayev, Chairman of KazMunaiGas. The
two sides pledged to jointly operate the existing projects, cherish the
cooperation achievements made over the past two decades, strengthen
communication and exchanges for work, work to solve problems during
cooperation, consolidate and deepen the friendship between the two
sides, and promote smooth progress in oil and gas cooperation. They also
exchanged views on strengthening technical exchanges and improving
pipeline construction.