The second Russia-China Crude Pipeline began commercial operation
On January 1, 2018, the Second Russia-China Crude Pipeline invested and constructed by CNPC officially became operational. The Second Russia-China Crude Pipeline, from Mohe to Daqing in China’s Heilongjiang Province, was laid in parallel with the First Russia-China Crude Pipeline which was put into use on Jan. 1, 2011. Construction of the Second Russia-China Crude Pipeline began on August 13, 2016, with a total length of 932.1km and an annual capacity of 15 million tons.
CNPC’s first deep sea project entered payback period
On March 15, 2018, CNPC’s first deep sea project, the Libra Project in Brazil, successfully completed the first offshore oil lifting, marking the start of the payback period. Located in the northeast of Santos Basin, Libra is the world's largest offshore oilfield. CNPC holds 10% equity in the consortium, with Petrobras holding 40% as operator, Shell 20%, Total 10% and CNOOC 10%.
CNPC saw first oil lifting
in Abu Dhabi
On March 21, CNPC and Abu Dhabi National Oil Company (ADNOC) signed an agreement on the development of Umm Shaif - Nasr concession and Lower Zakum concession. CNPC, through its majority-owned listed subsidiary PetroChina, was awarded 10% equity in the two concessions respectively, following the signing of the agreement with a term of 40 years. On June 8, CNPC pumped oil out of the two concessions for the first time, marking the advent of the payback period for another high-end cooperation project between CNPC and ADNOC.

On March 24, 2018, first oil flow was obtained in offshore Bu Haseer oilfield, a part of the Al-Yasat Project. Al-Yasat is the first exploration and development cooperation project between CNPC and ADNOC, the agreement of which was signed on May 19, 2013 with CNPC and ADNOC holding 40% and 60% of the shares respectively. On May 11, 2018, first oil lifting was completed, marking the start of the payback period.
Phase II renovation project of Shymkent Refinery became operational
On September 28, 2018, Phase II renovation project of Shymkent Refinery in Kazakhstan became operational. The Kazakhstan President Nazarbayev inspected the refinery and attended the celebration ceremony. Jointly operated by CNPC and KMG (KazMunaiGas), the Shymkent Refinery is one of the three largest refineries in Kazakhstan. Launched in 2014, the renovation project was pushed ahead in two phases. Phase I renovation project started operation on June 30, 2017, improving the gasoline quality from Euro II standard to Euro IV and Euro V standard so as to meet Kazakhstan’s clean fuel requirements. With the completion of Phase II, Shymkent Refinery deepened crude oil refinement and increased light oil yield remarkably. It becomes a modern refinery with complete processing means that is up to environment protection standard..
Phase II compression project of Samandepe gas field became operational
On October 29, 2018, the Phase II compression project of Samandepe gas field of Block A in the Bagtyiarlyk Contract Area of CNPC Amu Darya River Company became operational. Starting on December 30, 2016, the project included the construction of one compression station, the renovation of two gas gathering stations and the construction of linking pipelines. With a total installed capacity of 43MW, the thirteen compressor units could increase feed gas by 9.2 million cubic meters per day.
Yamal LNG started operation on third train
On November 21, 2018, Yamal LNG started operation on its third train one year ahead of schedule. The first LNG train began production in December 2017 and the second train in August 2018. At full capacity, the three-trains could deliver 16.5 million tons of LNG and 1.2 million tons of gas condensate per year. Yamal LNG, the world’s largest and most complex LNG project in the Arctic region, is jointly owned by Novatek (50.1%), Total (20%), CNPC (20%), and Silk Road Fund (9.9%).
Halfaya Phase III Project Put into Production
On December 12, 2018, the Hafaya Phase III Project in Iraq was put into operation, adding a crude oil processing capacity of 200,000 barrels per day. The development and construction of Hafaya was carried out in three phases. In June 2012, Phase I was completed and put into production with an annual output of 5 million tons; in August 2014, Phase II was put into operation with an annual capacity of 10 million tons; and on May 24, 2017, the construction of Phase III was officially commenced including the Central Processing Facility (CPF3) and supporting system.
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