Tuesday, November 29, 2011

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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