Project

CNPC Brazil’s Libra project first ship of equity oil arrives at Dalian Port

May 21, 2018

Abstract : China National Petroleum Corporation (CNPC) announced Thursday that the first ship of 44,000 tonne equity oil from the Brazil’s Libra project had successfully arrived in Dalian Port.

cnpc

BEIJING, May 21 (Xinhua) -- China National Petroleum Corporation (CNPC) announced last Thursday that the first ship of 44,000 tonne equity oil from the Brazil’s Libra oil project had successfully arrived at Dalian Port.

This means that the investment of CNPC in its first ultra-deepwater oil project has started to pay off, according to a report by Xinhua-run cnstock.com.

The Libra oil project is Brazil’s first production sharing contract（PSC）in which CNPC takes up 10 percent share. The deal was inked in December, 2013 and the project went into operation in November, 2017.

CNPC and China National Offshore Oil Corporation (CNOOC) this March successfully carried out joint oil extraction from the project from which crude oil was shipped to Dalian port and then carried to Jinzhou Petrochemical Co.,Ltd and PetroChina Jinxi Petrochemical Company for refining and processing. (Edited by Niu Huizhe, niuhuizhe@xinhua.org)

Scan the QR code and push it to your mobile phone

Keyword: CNOOC CNPC China-crude-oil

Most Read

News
Companies
Projects

1.: Feature: China-donated tents offer swift shelter for flood-hit Afghans

2.: Interview: Chinese market is "source of innovation and knowledge," says Swiss university scholar

3.: Across China: From Ghana to China, a young researcher's quest for greener world

4.: Interview: China-Serbia economic collaboration poised for significant growth, says expert

5.: Peng Liyuan, French first lady visit Orsay Museum

6.: Chinese premier congratulates Solomon Islands' new PM on assuming office

1.: German carmakers cast vote of confidence in Chinese NEV market

2.: Interview: Nuclear energy cooperation between China, France has huge potential, says EDF China head

3.: PowerChina contributes to building of community with shared future between China, Serbia

4.: Chinese shipbuilding enterprise to build 18 ultra-large LNG transport ships for Qatar

5.: AC-DC conversion of transmission lines helps resolve power demand and grid upgrading dilemma in E. China

6.: China Minmetals completes acquisition of copper mine in Botswana

1.: Feature: Chinese projects in Philippines yield tangible results, benefit locals

2.: Chinese company breaks ground on Serbia's National Stadium

3.: GLOBALink | Schneider Electric's key production base starts construction in China

4.: CPEC transforms Pakistan's development landscape: minister

5.: Belgrade-Budapest railway hits milestone with Novi Sad-Subotica track connection

6.: Major China-built road tunnel completed in Georgia

https://en.imsilkroad.com/china%20brands/index.html

4th China International Consumer Products Expo plays leading role in promoting new consumption trend

China's low-altitude economy takes off as UAV gains momentum

Write to Us

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question

If you have any questions, please enter them in the box below.

Write to Us

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial