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CNPC and Mongolia Signs Memo for Expanding Petroleum Cooperation

Aug 26, 2013

On August 24th, witnessed by member of the Standing Committee of the CPC Central Committee Political Bureau Zhou Yongkang and Mongolian Prime Minister Batbold, CNPC President Jiang Jiemin and Mongolia's Deputy Minister for Mineral Resources and Energy Ariunsan signed memo for expanding petroleum cooperation in Ulan Bator.

CNPC and Mongolia Signed Memo for Expanding Petroleum Cooperation

According to the memo, the two sides agreed to expand CNPC's downstream business in Mongolia, secure a sound environment for the upstream cooperation projects, and increase employment and training opportunities to the local people in Mongolia.