The President of Uzbekistan discussed prospects for expanding investment cooperation with the China National Petroleum Corporation
During his stay in Beijing, the President of the Republic of Uzbekistan Shavkat Mirziyoyev received Dai Houliang, Chairman of China National Petroleum Corporation (CNPC).
The China National Petroleum Corporation is one of the world’s largest energy companies, specializing in the implementation of high-tech projects for the extraction and processing of hydrocarbon resources both domestically and in foreign markets. The company’s market capitalization exceeds $200 billion.
During the meeting, it was emphasized that CNPC’s direct investments in Uzbekistan have already exceeded $5 billion.
Plans were discussed to expand the investment cooperation portfolio with the Chinese company and to advance projects for the construction of underground natural gas storage facilities, infrastructure modernization, and the introduction of modern metrological standards and innovative solutions.
UzA