China Signs Energy Deal with Brunei
China signs energy deal with Brunei
China and Brunei Darussalam have signed four Memoranda of Understanding and a Plan of Action at Istana Nurul Iman, as part of Chinese Premier Wen Jiabao's first official visit to Brunei.
The four Memoranda of Understanding are on cooperation in forestry, the energy sector, the establishment of Sister Cities program between Bandar Seri Begawan and Nanjing, and commercial cooperation in the oil and gas sector between PetroleumBRUNEI (PB) and China National Offshore Oil Corporation Ltd (CNOOC). Brunei is the third-largest oil exporter in Southeast Asia and the world's fourth-largest natural gas exporter.
The Plan of Action is on health care cooperation between Brunei's and China’s Ministries of Health.
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