America and the West Guaranteed Dizziness, So The World’s Only Hope of Oil Supplying, The Country That Has a Grudge on America It Actually Stops Operations, The Cause Because Of This – Quintessence
Offshore Technology
CNOOC, a Chinese crude oil and natural gas company.
INTISARI-ONLINE.COM – CHINA NATIONAL OFFSHORE OIL CORPORATION (CNOOC) is one of the largest national oil companies in China.
And CNOOC also operates in crude oil and natural gas.
But recently, the Chinese company told Reuters that the company will withdraw its business from Western markets.
Whats the reason?
Reporting from express.co.uk on Thursday (14/4/2022), China is so far this does not join the world in condemning the Russian war in Ukraine.
The country has also abstained from two UN votes calling for Vladimir Putin to withdraw his troops from Ukraine.
In addition, China also does not carry out economic sanctions against Russia.
As a result, China will cease operations in the UK, US and Canada.
The reason for that was because they were worried that they could be subject to a similar sanction as imposed by the West on Russia.
Previously, Chinas state-run Sinopec Group was indeed interesting USD 500 million deal to market Russian gas for Sibur in China, as announced in late March.
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