Heading ot London: Petrochina chairman Jiang Jiemin
Petrochina boss set for BP visit
PetroChina's chairman Jiang Jiemin will travel to London next week to meet with BP's top management, with the two oil giants' landmark co-operations in Iraq among agenda items, accordng to reports.
"Jiang will travel with BP China's top executives to London to further co-operations and make friends," a Beijing-based industry executive who is close to BP told Reuters.
"Rumaila will be on the agenda," the official said, referring to the giant Iraqi oilfield for which a consortium comprising BP and China National Petroleum Corporation (CNPC) has won a service contract.
The official did not elaborate.
Last week, industry sources told Reuters that CNPC and BP may renegotiate the size of their stakes in Rumaila, Iraq's largest producing oilfield, with CNPC likely to take a larger stake than BP.
Jiang, also president of CNPC and an advocate of "going global", would also tour BP's oil production facility in Scotland, the Beijing executive said.