Total oil is anticipated to connect hands with China to evolve gas area
A few days ago, the world’s fourth largest oil and gas company Total announced that it is very likely the end of the year with the China National Petroleum Corporation (CNPC) to set up a joint venture, officially launched the Chinese natural gas development projects.
Total Ma Zhe, CEO of Core said: “The president very much in support of oil companies to set up a joint venture, before the end of the joint venture should be able to formally set up.”
Total and China National Petroleum Corporation in 2006 on the Sulige gas field exploration and development signed a production agreement. Sulige gas field is located in the territory of Inner Mongolia, an area of 2390 square kilometers.
The total of oil has been recently submitted to a comprehensive development plan.
Prior to this, and also in the oil company Royal Dutch Shell to develop long-North gas field in Inner Mongolia, with the Chevron Corporation of the northeastern Sichuan Sichuan gas block development of a co-operative.
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