CNPC and Mongolia sign memo for expanding petroleum co-operation in Ulan Bator
China National Petroleum Corporation, or CNPC, and Mongolia's Deputy Minister for Mineral Resources and Energy Ariunsan have signed a memo for expanding petroleum co-operation in Ulan Bator.
According to the memo, the two sides agreed to expand CNPC's downstream business in Mongolia, secure a sound environment for the upstream cooperation projects, and increase employment and training opportunities to the local people in Mongolia, the company said.
China National Petroleum Corporation is an integrated oil and gas company. CNPC has exploration and production projects in China and 30 other countries and is an oilfield services provider. The company also operates some older refineries and an extensive oil and gas pipeline network in China. It has a network of 18,000 gas stations across China.
A service of YellowBrix, Inc.
According to the memo, the two sides agreed to expand CNPC's downstream business in Mongolia, secure a sound environment for the upstream cooperation projects, and increase employment and training opportunities to the local people in Mongolia, the company said.
China National Petroleum Corporation is an integrated oil and gas company. CNPC has exploration and production projects in China and 30 other countries and is an oilfield services provider. The company also operates some older refineries and an extensive oil and gas pipeline network in China. It has a network of 18,000 gas stations across China.
A service of YellowBrix, Inc.
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