Chinese firm proposes Eurasian common oil and gas market
(AGI) Astana, Sept 29 - An integrated Eurasian oil and gasmarket was proposed by Chinese oil and gas company Sinopec, itsCEO Wang Zhigang said at Astana's KazEnergy Eurasian Forum onTuesday. Sinopec Corp is 70 percent owned by China'sPetrolchemical Corporation, Wang Yue Pu."We need to establish acommon Eurasian oil and gas market in order to promote oil andgas cooperation within the plan called 'One belt - one way'.The market has to have a type of open market assisting in theintegration of subregional markets of Northeastern,Southeastern and Eastern Asia with the gradual development