CNPC, Tibet sign natural gas supply deal

State-owned China National Petroleum Corp. and the Autonomous Regional Government of Tibet have signed a framework agreement on the supply of natural gas by CNPC to Tibet, with which the Chinese government’s relations have long been strained.

“This is a major step forward taken by the two sides to strengthen cooperation, so as to guarantee energy supply to Tibet, optimize the local energy consumption mix, improve people's living conditions, and protect the ecological environment of the region,” CNPC said in a statement.

The company last year began delivering LNG to Lhasa from a new liquefaction plant at Golmud in Qinghai Province, displacing LPG and diesel.

Related Articles

India’s ONGC to invest in Daman development in Arabian Sea

08/29/2014 India’s Oil & Natural Gas Corp. will invest $864.5 million to enhance natural gas and condensate production from its Tapti Daman block in the A...

Nexen boosts CNOOC’s first-half production

08/29/2014 Nexen Energy ULC contributed 36.3 million boe during this year’s first half to CNOOC Ltd.’s total net oil and gas production of 211.6 million boe, ...

Fitch: Drilling downturn might prompt some consolidation

08/28/2014 A cyclical downturn in offshore drilling might provide an opportunity for driller contractors having financial flexibility to buy their peers at fa...

Verma named managing director at India’s ONGC Videsh

08/27/2014 India’s ONGC Videsh Ltd. has named Narendra Verma its managing director. Verma’s previous positions include director of exploration of Maharatna ON...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected