Shell China: interest in sinopec's oil ownership reform
Shell China: interest in sinopec's oil ownership reform
Sinopec, petrochina and other central companies have recently announced that they will carry out mixed ownership reform, which has aroused great interest from overseas partners.
Yesterday, shell hai bo, chairman of the China group when accepting a reporter to interview, stressed that the company is very interested in, is not only the downstream sales plate of sinopec, petrochina's upstream block pilot, and other cooperation also has the understanding of the value chain. But so far, he has not seen details of the two companies' specific cooperation.
"The company is very concerned about the government and the information released by the companies, especially in the process of reform," he said of the topic. "it is good to relax and regulate the enterprises and encourage competition." Sinopec, petrochina and we have had a lot of domestic and international cooperation, and we believe we will find some new opportunities.
Sinopec will sell its oil sales business separately to form a joint venture. "We have some projects with sinopec, such as we have more than 1,000 gas stations in China, including sinopec shell."
In cooperation with petrochina, the project is also a 50 per cent stake in each other. "Last year, the gas field produced 3.3 billion cubic meters, accounting for 40 percent of Beijing's natural gas consumption," he said, noting that there are also opportunities for cooperation between the two major oil companies and other state-owned enterprises. In shaanxi, for example, shell has multiple gas stations and its partners are state-owned. "It is also good for Chinese users to open up the value chain of oil and introduce new social and foreign capital."
Haibo also said that the current strategic partnership with China is divided into several aspects: first, to strengthen cooperation between China and overseas. In addition, it will actively seek better development of upstream oil and natural gas and unconventional oil and gas resources.
"We have long north gas fields and sichuan oil and gas projects with petrochina; There are also yinggehai projects with cnooc, which will invest further this year. In Canada, Australia and Brazil, we also have LNG and oil and gas field projects with our Chinese partners. Now, we are working with cnooc on oil and gas cooperation in Gabon, Africa."
At present, shell has the corresponding investment in the three blocks of fushun, jinqiu and zitong respectively. Among them, fushun is the shale gas block, and the latter two are compact gas projects.
