Issue |
SHS Web Conf.
Volume 163, 2023
2023 8th International Conference on Social Sciences and Economic Development (ICSSED 2023)
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Article Number | 01001 | |
Number of page(s) | 4 | |
Section | Economic Trade and Financial Investment Analysis | |
DOI | https://doi.org/10.1051/shsconf/202316301001 | |
Published online | 28 April 2023 |
Prospect Analysis of Chinese Oil Companies’ Investment in Kenyan Oil and Gas
Institute of Petroleum Exploration and Development CNPC, Beijing 100083, China
Kenya is China’s comprehensive strategic and cooperative partner. In recent years, under the common concern and guidance of the two heads of state, China-Kenya relations have entered the best period in history, with political mutual trust deepening and practical cooperation leading the way in China-Africa cooperation. Kenya is gradually building and developing its own oil storage and transportation infrastructures. Meanwhile, Chinese oil companies should seize the “Golden Twenty Years” of China-Africa cooperation, for jointly pursuing common development, facing challenges, and sharing opportunities; make progress in the oil and gas investment and cooperation; and participate in the oil and gas exploration and development throughout Kenya. By this means, it will not only ensure the stable supply of domestic oil and gas, but also inject strong impetus into Kenya’s development.
© The Authors, published by EDP Sciences, 2023
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0 (https://creativecommons.org/licenses/by/4.0/).
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