shell good player in china′s oil arena

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1、ShellGoodPlayerinChina′sOilArena曼NI1『l_INALSinCHINAChangJunAsoneoftheleadingenergYmultinati0nalsoperatingworldwide,theRoyalDutch/ShellGroupofCompaniesisnowexpandingrapidlyinChina.ItscurrentinvestmentinmainlandChinaexceedsUS$1.5billion.oneofthelargestcommitmentsofanyinternationalenergycompany,andthis

2、willincreasesignificantlyinthenextfiveyearsasnewprojectsandagreementsgoforward.Shell’sinvestmentinChinawillreachUS$5billionby2005,threetimesashighasthecurrentscale.owingtoitsinvoShellGoodPlayerinChina′sOilArena曼NI1『l_INALSinCHINAChangJunAsoneoftheleadingenergYmultinati0nalsoperatingworldwide,theRoya

3、lDutch/ShellGroupofCompaniesisnowexpandingrapidlyinChina.ItscurrentinvestmentinmainlandChinaexceedsUS$1.5billion.oneofthelargestcommitmentsofanyinternationalenergycompany,andthiswillincreasesignificantlyinthenextfiveyearsasnewprojectsandagreementsgoforward.Shell’sinvestmentinChinawillreachUS$5billio

4、nby2005,threetimesashighasthecurrentscale.owingtoitsinvoShellGoodPlayerinChina′sOilArena曼NI1『l_INALSinCHINAChangJunAsoneoftheleadingenergYmultinati0nalsoperatingworldwide,theRoyalDutch/ShellGroupofCompaniesisnowexpandingrapidlyinChina.ItscurrentinvestmentinmainlandChinaexceedsUS$1.5billion.oneofthel

5、argestcommitmentsofanyinternationalenergycompany,andthiswillincreasesignificantlyinthenextfiveyearsasnewprojectsandagreementsgoforward.Shell’sinvestmentinChinawillreachUS$5billionby2005,threetimesashighasthecurrentscale.owingtoitsinvolvementinChina’sW_est.Eastpipelineproject.ShellChairmanPhilipWatts

6、saidthatthecompanyhascurrentlyinvestedUS$1.6billion,halfofwhichwasusedforoilandgasexplorationanddevelopment.ShellalsolaunchedthreelubricatingoilplantsandtwoasphaltfactoriesinChina.whichgeneratedasalesincomeofUS$200millionin2001.ChinesePresidentJiangZeminspokehighlyofShellGroup’scooperationwithChinaw

7、henhemetWattsinlateMarchthisyear,wholedaShelldelegationvisitingthecountry.PresidentJiangalsohopedShelltofurtherexpanditscooperationandexchangewithChina’senergyenterprises.Mr.WattsthankedPresidentJiang