China and Russia join hands to welcome the Winter Olympics, creating a new chapter in oil and gas cooperation. As an important participant in Sino-Russian energy cooperation, PetroChina recently signed a number of cooperation documents with Russian partners, in order to further strengthen mutual benefits in oil, natural gas, new energy and other fields. Cooperation opens up new horizons.

Expand oil and gas trade and deepen the foundation of cooperation. On February 3, CNPC and Gazprom signed a Sino-Russian Far East natural gas purchase and sale agreement, which is another milestone in the pipeline natural gas trade between the two parties after the Sino-Russian eastern natural gas pipeline was put into operation in December 2019. Important cooperation results. On February 4, CNPC and Rosneft signed a supplementary agreement on the purchase and sale of crude oil to ensure oil supply from refineries in western China. As of January 2022, PetroChina has imported more than 300 million tons of pipeline crude oil and more than 15 billion cubic meters of natural gas from Russia.

Focus on green and low-carbon, and help achieve the double-carbon goal. On February 4, Dai Houliang, Chairman of CNPC, and Rosneft President Sechin jointly signed the Memorandum of Understanding on Cooperation in the Field of Low-Carbon Development. Development and achievement of "carbon neutrality" goals. PetroChina resolutely implements the major strategic deployment of carbon peaking and carbon neutrality, regards green and low carbon as one of the company's five major development strategies, and formulates a three-step development path of clean replacement, strategic replacement and green transformation, and actively promotes the development of oil and gas thermal power. The transformation of a comprehensive energy company with complementary hydrogen and multi-energy. As the official partner of the Beijing Winter Olympics, PetroChina has provided oil, gas, hydrogen and other energy guarantees for 14 Winter Olympics venues, helping the Green Winter Olympics with practical actions. Keywords: engineering construction, engineering news

Strengthen energy cooperation and promote China-Russia relations to deepen and solidify. Since 2021, as an important part of Sino-Russian relations and practical economic and trade cooperation, the energy cooperation between the two sides has continued to burst into new vitality and made positive progress. As one of the world's important oil and gas producers and suppliers, PetroChina has participated in the implementation of a number of major cooperation projects in promoting the stable operation of China-Russia cross-border oil and gas pipelines, expanding oil and gas trade, and increasing the development of liquefied natural gas in the Arctic region, and has continued to expand New directions for cooperation in carbon management, carbon capture and storage, green energy, etc., and take concrete actions to promote the comprehensive strategic partnership of coordination in the new era between China and Russia.EditorXingWentao