On November 17 in Caracas, Venezuela, CNPC Chairman Wang Yilin met with Venezuelan President Nicolas Maduro at the Miraflores Palace. Mr. Wang Yilin expressed his gratitude to President Maduro for his long-time and strong support to bilateral petroleum cooperative projects in Venezuela.

Witnessed by President Maduro, Mr. Wang Yilin and Venezuelan Oil Minister Mr. Del Pino signed a memorandum on cooperation project progress between CNPC and PDVSA.

On November 20 in Lima, Peru, Mr. Wang Yilin met with Peru President Pedro Pablo Kuczynski during his attendance at the APEC CEO Summit.

Witnessed by President Kuczynski, Wang Yilin and Gonzalo Tamayo, Minister of Energy and Mines, Peru, signed an MOU on deepening oil and gas cooperation between CNPC and Peru's Ministry of Energy and Mines. Under the MOU, the two sides will step up joint efforts in E&P, refining, transportation and distribution infrastructure construction, natural gas transportation, gas chemicals, as well as R&D.

About CNPC

CNPC is China's largest oil and gas producer and supplier, as well as one of the world's major oilfield service providers and a globally reputed contractor in engineering construction. With a presence in almost 70 countries, we are seeking an even greater international role. We provide energy in a profitable manner, and always attach great importance to our social and environmental responsibilities.​

About PDVSA

Petróleos de Venezuela S.A., the state-owned corporation of the Bolivarian Republic of Venezuela, is responsible for the efficient, profitable, and dependable exploration, production, refining, transport and commerce of hydrocarbons. This company is deeply committed to environmental protection and its main objectives are to foster the harmonic development of the country, to guarantee sovereignty of national resources, to increase endogenous development and to serve and benefit the Venezuelan people, who correspond to their share of the country’s national wealth.