China Oil and Gas News Update Jan 2014

• Zhejiang Shell Chemical Industry & Petroleum Co. Ltd, ExxonMobil (Taicang) Petroleum Co.Ltd, imported the most Base oil into China.
• Technip and COOEC form joint venture to address the booming deepwater market in China.
• Far East Energy announces extension of exploration period for Shouyang Block area B and increased gas production.
• Dana Petroleum secures US$1.5 billion credit facility to finance growth.
• Pipes from Khartsyzsk Pipe are used for the Central Asia-China gas pipeline.