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| China petroleum enterprise already open Latin American oil market |
| Author: Release Date :2010/10/11 Views: 1796 |
Recently, the 2nd China - Latin American investment BBS was held in Beijing. Meeting, China petroleum enterprise in Latin America's chance to become one of focus. In fact, along with China's oil enterprises more and more involved in Latin America's oil and gas development, must face and to solve the problems are also increasingly prominent.
Cooperation has opened
Although many insufficient investment, oil and energy still become the leading industries in Latin America, which means that the rich natural resources can produce benefit most is not excavated. In Brazil recently found in the waters of oil and natural gas, and Mexico energy sector to reform undoubtedly more added the attraction. With the regional energy infrastructure improvement and development, and Mexico outdated supervision fixed, new investment opportunities are the areas.
Meanwhile, China's oil enterprises also accelerate the pace of march to Latin America. In march, cnooc Bridas company obtained Argentina, master of 50% share of Latin American more assets. April, sinopec and Brazilian state oil company, China development bank loans for $100 for oil agreement, this may participate in Brazil two sinopec deepwater drilling projects. In addition, an agreement with venezuela, to be allowed to invest in the exploitation HuNing 4 blocks of heavy oil. 5 months, sinochem corp and spend $3.1 billion from Norway national oil companies bought with Brazil in Reno viscous oil RIGS 40% of the equity.
"As China petroleum external dependence is rising year by year, China's external resources of high oil growing interest in economic research institute," cnooc energy, "said lead researcher from the latest global distribution, Latin America is very rich reserves of oil in the world. Venezuela is most places, while Brazil is the pioneer and founder of global deep-water petroleum, all of the Chinese petroleum company has great attraction."
Actually, in the past five years, pull energy cooperation, oil and gas exploration and exploitation, involved in many fields such as pipeline construction, China is trying to make themselves look oil for Brazil, Argentina and Venezuelan oil markets important role. "China has become the most important after America, Brazil's partner." Brazil OGX oil company general manager of drilling RicardoJuiniti so evaluation |
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