President Kilr meets in Beijing with President Dai Houliang of the CNPC
To increase the dwindling oil production, President Salva Kar and China National Petroleum Corporation (CNPC) have discussed plans to develop an alternative oil pipeline from Ethiopia to Djibouti.
This follows major effects on the nation’s oil export from the Sudan war, including the loss of a pipeline that carried 60% of the nation’s crude oil to Port Sudan. While in Beijing, President Kiir met with the company’s executives to discuss the new pipeline, which will improve export capacity and increase extraction in Blocks 3 and 7.
According to his office, the government is committed to maximizing the potential of oil and enhancing energy security to support infrastructure initiatives.
Dai Houliang, the president of CNPC, reaffirmed the company’s dedication to the strategic relationship and outlined important areas of cooperation that might result in gains for both parties.
In addition, Mr. Houlang said that providing security to guarantee worker safety is a high priority and that it is an essential component of the collaboration for pipelines to operate successfully.
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