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CNPC and CRC Sign Strategic Cooperation Agreement

Source: www.gulfoilandgas.com 6/29/2010, Location: Asia

On June 28, CNPC and Chinese Resources (Holding) Co., Ltd. (CRC) signed a strategic cooperation agreement in Beijing. The two parities will carry out extensive cooperation in the fields of Urban Gas, refined products marketing, natural gas power generation, engineer construction and overseas investment.

CNPC President also Chairman of PetroChina Jiang Jiemin and CRC President Song Lin were present at the signing ceremony and delivered speeches respectively. CNPC Vice President also President of PetroChina Zhou Jiping and CRC Vice President Wang Shuaiting singed the agreement on behalf of the two companies.

Before the signing ceremony, Jiang Jiemin and Song Lin had friendly talks on further strengthening cooperation. Song Lin also paid a visit to Beijing Oil and Gas Pipeline Control Center.

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