President of Uzbekistan discusses prospects of expanding investment cooperation with China National Petroleum Corporation














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During the visit to Beijing, President of Uzbekistan Shavkat Mirziyoyev received the chairman of China National Petroleum Corporation (CNPC) Dai Houliang, reports Dunyo IA correspondent.
According to the press service of the Head of our state, China National Petroleum Corporation is one of the world’s largest energy companies, which specializes in hydrocarbon extraction and processing projects both in China and external markets. The company’s market capitalization is over $200 billion.
It was noted that CNPC’s direct investments in Uzbekistan have already exceeded $5 billion.
Plans on expanding investment cooperation with the Chinese company and promoting projects on underground gas storage construction, infrastructure modernization, and introducing advanced metrological standards and innovative solutions, were discussed.