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Caspian Oil & Gas Conference - China presents a consortium on financing project SOCAR OGPC

China presents a consortium on financing project SOCAR OGPC
15.11.2016

Member of the Board of China National Petroleum Corporation (CNPC) Shihong Wang has presented in Baku a potential consortium for financing of project SOCAR OGPC (construction of oil & gas and petrochemical complex of the State Oil Company of Azerbaijan).

SOCAR reports that Shihong Wang was received by SOCAR president Rovnag Abdullayev. At the meeting Chinese financial institutions China Development Bank, Export-Import Bank, the Silk Road Fund and others expressed an interest for financing for SOCAR OGPC.

During his Baku visit Shihong did not stop to voice a hope for successful implementation of the project on construction of SOCAR OGPC, on which CNPC signed the Protocol of Intentions with SOCAR this year.


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