China, Indonesia sign MOU on energy cooperation
(Xinhua)
Updated: 2006-10-29 09:11
He noted that as two major developing nations in Asia, the friendly
cooperation of the two sides is not only in their own interests but also
conducive to peace, stability and prosperity in Asia and the world.
The Indonesian president said energy security is a key factor in allowing
China and Indonesia to achieve peace, stability and development.
He said there is great potential for the two sides to explore energy
cooperation and the pace of cooperation should be further accelerated.
The two countries have agreed that, beginning in 2009, Indonesia's Tangguh
gas field will provide 2.6 million tons of liquefied natural gas (LNG) annually
to east China's Fujian Province for a period of 25 years.
Indonesia is the largest economy in the Association of Southeast Asian
Nations (ASEAN), and China is its fourth largest trade partner.
 | 1 | 2 |
(For more biz stories, please visit Industry Updates)
|
