Insight
Arctic LNG-2 spearheads renewed Belt and Road focus for the Chinese NOCs
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
At China’s Second Belt and Road Forum, CNPC and CNOOC each acquired a 10% interest in Novatek’s Arctic LNG-2 development. This marks the largest overseas M&A deal made by the Chinese national companies since 2013. These announcements and the strong entry into the Middle East last year highlight how China's national oil companies are taking the lead in advocating for the Belt and Road Initiative in core strategic regions. This raises the following questions: • What expectations does the government have for the Chinese NOCs under the BRI? • What are the Chinese NOCs’ commercial considerations for overseas business development? • What are some of their targeted areas and what risks do they face? In this insight, Wood Mackenzie teams up with our country risk specialist company Verisk Maplecroft to provide the answers to these questions.
Table of contents
- The Chinese NOCs, M&A and BRI
- Where could they go next along the BRI routes?
Tables and charts
This report includes the following images and tables:
-
Above-ground risks facing Arctic LNG-2Political Violence Index in Q2 2019Selected above-ground risks in Q2 2019: a regional comparison
What's included
This report contains:
Other reports you may be interested in
Insight
Looking overseas: China’s solar ascent in a fragmented global landscape
critical adaptation strategies across two dimensions, covering diversification of manufacturing hubs and export corridors
$3,000
Insight
How China’s Belt and Road initiative is driving demand for metals
Quantitative analysis on steel and copper demand from development projects involving Chinese investment or technology
$1,050
