Chinese state-owned CPECC and Mozambican ENH establish partnership to develop oil projects in Mozambique

Chinese state-owned CPECC

(2015-11-05) China Petroleum Engineering and Construction (CPECC) and ENH Logística (ENHL) of Mozambique have established a partnership to develop oil projects in Mozambique, according to Chinese state news agency Xinhua.

The agency added that the partnership made up of subsidiaries of the China National Petroleum Corp and Mozambique’s national oil and gas company ENH is the first ever established by state enterprises from China and Mozambique.

The new company will, according to a statement issued by the Chinese company, provide services in the chemical and refinery areas of chemical as well as in research, engineering, storage and long distance supply, in the gas and oil sectors.

The Director-General of CPECC, Hou Haojie said last week in Maputo that his company would take this opportunity to promote its skills in areas such as human resources, management and technology in Mozambique.

The partnership’s leaders are also considering future involvement in existing oil and natural gas exploration projects in Mozambique.

Source: Macauhub

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