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Mutual Benefit and Win-Win Cooperation Chairman of CNODC/CNPC (Sudan)

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Presentation on theme: "Mutual Benefit and Win-Win Cooperation Chairman of CNODC/CNPC (Sudan)"— Presentation transcript:

1 Mutual Benefit and Win-Win Cooperation Chairman of CNODC/CNPC (Sudan)
Mr. Jia Yong Chairman of CNODC/CNPC (Sudan) Khartoum, Sudan 18th February 2016 Sudan Investment Forum 1

2 China National Petroleum Corporation (CNPC) is an integrated international energy company, with businesses covering oil and gas operations, oilfield services, engineering and construction, equipment manufacturing and new energy development. Strategy Increasing resources Seeking a greater international role Expanding markets Sudan Investment Forum

3 We strive for harmonious relationships between
Sudan Investment Forum

4 CNPC’s oversea investment started from 1993, now CNPC is operating and participating in 93 oil and gas assets and interests in 37 countries. America Venezuela Ecuador Peru Canada Columbia Brazil Costa Rica Africa Sudan South Sudan Algeria Niger Chad Nigeria Tunisia Mozambique Central Asia& Europe Kazakhstan Turkmenistan Tadzhikistan Kyrgyzstan Afghanistan Uzbekistan Azerbaijan Russia England France Middle East Iraq Iran Syria Oman Qatar UAE Asia-Pacific Indonesia Australia Singapore Thailand Myanmar Mongolia Japan Sudan Investment Forum

5 CNPC In Sudan: 6 projects
Khartoum Refinery Capacity: 35 million barrels/y Block 1/2/4N: CNPC 40% Capacity:55 K BOPD Khartoum Petrochemical CNPCI 95% Capacity: 20k tons/y Polypropylene Block 6: CNPC 95% Capacity:55K BOPD PDOC: CNPC 16.4% Capacity:300k barrels/d Petrochemical Trade CNPC 100% Capacity: sale100k cubic meters/y Sudan Investment Forum

6 Increasing Gov. Revenues and Accelerating Economy Growth
Oil rents are the difference between the value of crude oil production at world prices and total costs of production. Sources: World Bank, 2015 Sudan Investment Forum

7 In the past 20 years, CNPC has invested more than USD 13 billion accumulatively, together with partners successfully discovered and developed oilfields of Blocks 1/2/4, Block 3/7 and Block 6 that made Sudan become to be an oil-exporting country from an oil-importing country. Sudan Investment Forum

8 Khartoum Refinery (KRC)
A comprehensive platform to display the technical and management advantage as the first oversea refinery of CNPC . Started construction in August 1998 and commissioned on May 16, 2000. Capacity increased to 35 million barrels per year after the second-stage expansion. Promoted petrochemical development. Sudan Investment Forum

9 Oil/fuel Self-independence
Sources: U.S. Energy Information Administration (EIA) Sudan Investment Forum

10 Pipeline Transportation
The pipeline with total length of 3700 km was constructed. Sudan Investment Forum

11 Human Resource Development
Upholding the people-oriented concept, we protect employees’ legal rights and interests, build platform for employees development, and promote employee localization and diversification. Sudan Investment Forum

12 Community Development
We are committed to sharing our business achievements and development opportunities with local communities, and attach great importance to activities promoting public welfare and social progress. Sudan Investment Forum

13 Supporting Education We aim to boost local development capabilities by providing funds and support for education. Sudan Investment Forum

14 Environmental protection
We regard providing clean energy, minimizing environmental impact and reducing emissions as the strategic foundation for the Company’s sustainable development. Sudan Investment Forum

15 Successful experience
Stable investment policies and environment Long-term cooperative relationship CNPC integrated advantage Sudan Investment Forum

16 Current challenges prolonged low oil price
post-development of the oil fields exploration discovery Sudan Investment Forum

17 Potential exploration blocks in Sudan
8 9 11 Central Africa Shear Zone 17 6 4 2 1 3 7 The boundary Between Sudan and South Sudan The Meso-Cenozoic rift basin The Paleozoic cratonic basin The Cenozoic Red Sea Basin Sudan Investment Forum

18 China’s “the Belt and Road Initiative” will promote new breakthroughs of the energy cooperation in Africa. CNPC will endeavor to be to make more contributions to boost the economic development of the host countries together with the co-partners in a win-win basis. Sudan Investment Forum

19 Thanks Sudan Investment Forum


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