Our main target ——
the China Market
To this year China has
had nearly 140 contracts
with over 70 companies
in 18 countries and
regions to jointly
develop these resources,
utilizing a total of
nearly 7 billion US
dollars in engineering
investment.
Through Sino-foreign
joint efforts, China has
sunk more than 400
exploratory wells and
verified more than 100
oil and gas-bearing
structures.
The country is planning
to develop more oil and
gas blocks in the South
China Sea, East China
Sea, and Yellow Sea
through Sino-foreign
cooperation.
