Signing of 56.76 billion yuan oil and gas project at the world oil conference

Zhejiang pilot free trade zone will continue to attract and gather international oil and gas enterprises to invest and cooperate in the construction of the whole oil and gas industry chain. 21 projects involving a total amount of 56.76 billion yuan were successfully signed at the third world oil business conference held in Zhoushan, Zhejiang Province from October 18 to 19, expanding and improving China's global allocation capacity of commodity resources represented by oil and natural gas. Of the 21 signed projects, 18 are the world's top 500 and major oil enterprise projects, accounting for 85.7% of the total signed projects, including the participation of BP group, ExxonMobil, Honeywell, Glencore, Trafigura and other international oil giants, covering oil and gas storage and transportation, oil and gas trade, low sulfur oil cooperation, LNG application and other fields. On April 1, 2017, Zhejiang pilot free trade zone was officially established. The free trade zone focuses on Zhoushan, and the core of its development is to build the whole oil industry chain. Over the past three years, the free trade zone has continuously deepened its cooperation in the whole oil industry chain, such as reserve, transit, processing, trading and supply supporting services, and worked with world oil suppliers to jointly promote oil trade and financial service innovation.