Chinese energy giants ink deals worth $66B

By Global Times

Nov 16, 2022 12:12 am

THREE major Chinese oil companies have signed contracts worth at least $66 billion with global energy giants during the 5th China International Import Expo (CIIE) in Shanghai, according to information obtained by state-run tabloid Global Times and from other media reports.

China National Petroleum Corp. (CNPC), China Petroleum and Chemical Corp. (Sinopec) and China National Offshore Oil Corp. (CNOOC) signed purchasing deals worth more than 480.9 billion yuan ($66.53 billion), news portal jiemian.com reported.

The west entrance of the National Exhibition and Convention Center, the main venue of the 5th China International Import Expo (CIIE), in Shanghai, eastern China on Nov. 2, 2022. XINHUA PHOTO

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