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Shell in 2013 will be in China's oil and gas upstream investment of $1 billion
2 O 2 years on February 11, 1, 1 y in shell China group, chairman of the general meeting, the incoming President hai bo (Huibert Vigeveno), said the next year, shell will continue in the field of Chinese oil and gas upstream investment of $1 billion.
2 O l 1 year shell China group has proposed to the upstream oil and gas fields in China within a year to invest $1 billion, "our strategy in China is basically in the future will not change, the future will still be in upstream investment $1 billion a year." Hai bo said, shell in the focus of our business in China is still concentrated in four aspects, that is looking for overseas opportunities, together with the Chinese oil company is committed to China's unconventional gas development, research and development and technical cooperation with Chinese company, and push China suppliers into the shell global procurement system.
Investment, in addition to the upstream shell in Liechtenstein downstream of the investment will increase also. Hai bo said, based on the current gas station network, the shell will continue to increase investment in gas station retail business, in addition, shell in lubricating oil, asphalt chemical and other fields will have a new investment.
Investment in shale gas, shell has been with petrochina cooperation to develop shale gas project in sichuan, the sea bo said, the project has entered the stage of shenzheng office agent, shale gas in China has great potential, especially now that there are more enterprises into the shale gas development, shell you are interested in cooperation with any other possible business cooperation. On January 1, 2013 former shell China group's current chairman, Mr. Lim for the post for seven years, Mr Lim said that over the past few years, the growth of shell's business in China has realized the scale, wholly owned subsidiaries and joint venture employees increased from 2006 in 4000 to today's nearly 20000 people, 98% of whom are Chinese.