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2016, Volume 3, Issue 4

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Frontiers of Engineering Management >> 2016, Volume 3, Issue 4 doi: 10.15302/J-FEM-2016055

New Challenges, New Opportunities and New Measures for Oil and Gas Cooperation in the Belt and Road

. Sinopec Group, Beijing 100728, China.. Research Institute of Petroleum Exploration and Development, China National Petroleum Corporation, Beijing 100083, China

Accepted: 2016-12-08 Available online: 2016-12-27
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Abstract

First-mover advantage and solid foundation of oil and gas cooperation is very important to the Belt and Road Initiative. Deeply studied opportunities and challenges of oil and gas cooperation have far-reaching significance to the cooperation in other industries in the Belt and Road. In this article, based on the systematic analysis of the oil and gas supply security, investment environment, regional win-win situation in oil and gas cooperation, new opportunities and challenges about upstream, pipeline, refining, trade, warehousing, engineering technology and equipment are studied. Enhancing capacities in four areas and implementing the 16 measures are given for deepening oil and gas cooperation in the future. Meanwhile, this article also gives suggestions and cooperation directions for countries and companies.

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