13th Five-Year Plan: Oil and gas plans of the three giants – CNPC, Sinopec, and CNOOC
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CNOOC: Hainan LNG, Zhuhai LNG, Binhai LNG, Ningbo, Zhejiang LNG, Shantou LNG. Sinopec: Guangxi LNG, Lianyungang LNG, Qingdao LNG； Rizhao, Lianyungang–Yizheng Crude Oil Pipeline Project; CNPC: Tangshan LNG ； Phase II of the Adu crude oil pipeline, the Du-U line, and the Wang-Hua double-track pipeline ； China-Kazakhstan, China-Myanmar, China-Russia secondary routes ； There are also those large projects; let’s come together to discuss them
Will oil prices keep falling like this?
CNPC focuses on oil imports, while Sinopec and CNOOC focus on LNG.
The China-Myanmar pipeline is likely to be of this scale. Myanmar has had a change of leadership, and relations with that country may not be as close as before.
I hope oil prices will drop. When will we arrive in the central area?