ISLAMABAD
\nChina and Pakistan enjoy great potential in marine energy exploration, said Yan Hongtao, a deputy to the National People\u2019s Congress and the general manager of China National Offshore Oil Corporation (CNOOC) Tianjin.
\n\u201cWe can engage in more comprehensive cooperation on joint marine energy exploration and development, and strengthen the all-weather strategic cooperative partnership between China and Pakistan,\u201d he stated according to China Economic Net (CEN).
\nAs the pioneer of offshore oil and gas resource exploration in China, CNOOC has actively participated in the construction of the \u201c21st Century Maritime Silk Road\u201d. In a bid to enhance bilateral friendly cooperation in science, it also took part in the 91-day China-Pakistan joint marine geological survey in the Indian Ocean starting from December 2019.
\nDuring the third Belt and Road Forum for International Cooperation in 2023, the two heads of state hope that both sides will seize the 10th anniversary of China-Pakistan Economic Corridor (CPEC) as an opportunity to develop an \u201cupgraded version\u201d of the corridor focusing on growth, livelihood, innovation, greenness and openness.
\nThey aim to enhance cooperation in areas such as industrial parks, agriculture, mining, and new energy. Under the Belt and Road Initiative (BRI) framework, if we continue to conduct geological surveys and research in Pakistani waters, we will undoubtedly establish a robust data foundation for delineating potential oil and gas areas, selecting favorable zones, evaluating resources, and analyzing the oil and gas potential in this region.
\nIt will promote our all-weather strategic cooperative partnership to a new level,\u201d said Yan. Firstly, Yan suggested to promote China-Pakistan joint energy exploration and development cooperation along the 21st Century Maritime Silk Road in Pakistan\u2019s exclusive economic zone in the Indian Ocean.
\n\u201cSecondly, we can help Pakistan explore its marine energy in the marine exclusive economic zone along the Indus Fan Basin, including collecting gravity, magnetic, and seismic data, ocean drilling, and sampling,\u201d he added.
\nIn addition, Yan suggested conducting joint energy surveys with countries along the 21st Century Maritime Silk Road, including Vietnam and East African coastal countries, to achieve more energy breakthroughs. <\/p>\n","protected":false},"excerpt":{"rendered":"
ISLAMABAD China and Pakistan enjoy great potential in marine energy exploration, said Yan Hongtao, a deputy to the National People\u2019s Congress and the general manager of China National Offshore Oil Corporation (CNOOC) Tianjin. \u201cWe can engage in more comprehensive cooperation on joint marine energy exploration and development, and strengthen the all-weather strategic cooperative partnership between […]<\/p>\n","protected":false},"author":2,"featured_media":393333,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":{"0":"post-393315","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-national"},"yoast_head":"\n