On the afternoon of September 4th, Zhu Gongshan, the chairman of GCL Group, who is attending the 2018 China-Africa Cooperation Forum in Beijing, attended the China-Africa CEO High-Level Dialogue and made a special speech. He said that the internship of Mr. Jin Ping’s new policy proposed by the 2018 China-Africa Cooperation Forum , new ideas, new actions and new initiatives, China-Africa business community and entrepreneurs are duty-bound, GCL Group will hand in China Poly Group to use the 'Ethiopia-Djibouti Oil and Gas' project (hereinafter referred to as GCL-Poly's Egi Oil and Gas Project) 4. Construct an oil and gas economic belt in East Africa and build oil and gas pipelines to form a large energy corridor in East Africa.
GCL Group has ranked first in the new energy industry of China's top 500 enterprises for many years. It is a comprehensive energy operation service provider with distinctive industrial characteristics and outstanding development advantages. The 'One Belt, One Road' initiative has been proposed for 5 years, GCL Group, in Africa. The investment cooperation has made positive progress and is a deep participant in the cooperation fields of industrialization, infrastructure construction and green development in China and Africa, effectively promoting social development, economic transformation and improvement of people's livelihood in Africa.
Zhu Gongshan said that the interconnection of road network, power grid, pipe network and information network is the most important part of infrastructure construction in Africa. Aji Railway has opened the traffic artery between Ethiopia and Djibouti, and its auxiliary UHV transmission. The line project formed the air power channel of two countries. The Poly GCL 'Egi Oil and Gas Project' will build cross-border oil and gas pipelines and complement the important part of East Africa's infrastructure construction.
GCL-Poly 'Aegis Oil & Gas Project' is the 'One Belt, One Road' largest energy project along the Africa. The project is located in the Ogaden Basin, with a total contract area of 117,000 square kilometers, which is equivalent to 1.5 Jiangsu Province. Initially, the amount of natural gas recoverable resources is 5 trillion cubic meters, accompanied by some crude oil resources.
'In June this year, GCL-Poly 'Egi Oil and Gas Project' has successfully extracted the first barrel of crude oil in Ethiopia's history. At present, the project is accelerating the construction of oil and gas pipelines, and will soon build an annual output of 3 million tons of LNG. Large and medium-sized projects will be extended to an annual production scale of 10 million tons in the long run. After the completion of the project, the oil and gas industry will drive the economic transformation of Ethiopia and promote the passive situation of Ethiopian to reverse the foreign exchange shortage, and will also be the US dollar for Ethiopia. Credit recovery plays a certain role in safeguarding. In Djibouti, GCL Group and Poly Group are joining forces with China Merchants Group and China Communications Group to jointly plan and build 10 million tons of oil refining projects, 15 million tons of LNG liquefaction projects and 1 million kilowatts of power generation projects. Desalination and salt chemical projects. 'Zhu Gongshan introduced, 'Gao Li Xie Xin' Eji Oil and Gas Project' In the process of advancement, it has become a local 'mind project'. GCL Group takes advantage of the global photovoltaic field, using photovoltaic + Energy storage and other technical equipment produce clean electricity, light up local tribal life, build a 'happiness road' for the local area, set up a 'friendship bridge', and lay down 'deep water well'.
The China-Africa CEO High-Level Dialogue will be hosted by the China Council for the Promotion of International Trade, including representatives of 24 heavyweight Chinese companies and 24 companies including GCL Group and State Grid, China National Machinery Industry Corporation, China Commercial Aircraft, Sinosteel, China Railway, and China Communications. Well-known African companies are invited to participate.