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Chinese Academy of Sciences

International oil and gas cooperation, the Belt and Road Initiative, cooperation potential, oil and gas pipeline network system, energy transition

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Full-Text Articles in Defense and Security Studies

Cooperation Achievements And Outlook Of Oil And Gas Exploration And Development Under The Belt And Road Initiative, Zuoqian Wang, Qing Wei, Zhe Fan, Xi Chen, Yun Peng, Baolei Liu Oct 2023

Cooperation Achievements And Outlook Of Oil And Gas Exploration And Development Under The Belt And Road Initiative, Zuoqian Wang, Qing Wei, Zhe Fan, Xi Chen, Yun Peng, Baolei Liu

Bulletin of Chinese Academy of Sciences (Chinese Version)

This year marks the 10th anniversary of the Belt and Road Initiative proposed by General Secretary Xi Jinping. Taking the initiative as an opportunity, China’s oil companies have accumulated rich experience by accelerating their overseas deployment and carrying out extensive cooperation with countries along the route in the field of oil and gas energy. This study reviews the fruitful achievements of China’s oil companies in the transnational oil and gas exploration and development cooperation under the Belt and Road Initiative, summarizes the cooperation status and analyzes the potential and opportunities presented in the cooperation. In response to many challenges, such …