Abu Dhabi and China are moving towards a closer partnership in oil exploration as plans take shape for a drilling campaign in the emirate as soon as next year, officials said.
Abu Dhabi National Oil Company (Adnoc) and China National Petroleum Corporation (CNPC) are expected to start detailed talks next month building on a strategic cooperation agreement signed in January during a visit by Wen Jiabao, the Chinese premier.
"China is like many countries in the Far East," said Mohammed Al Hamli, the UAE Energy Minister. "It's one of the major importers of our crude, and it's natural that we strengthen our relationship with the Chinese and with all the countries of the world who have been doing business with us."
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