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US calls for closer energy cooperation with China

Xinhua, February 7, 2014

Feb.6th. 2014, The United States and China can have closer cooperation in oil and gas industry in the future.
"There is a great opportunity for the U.S. and Chinese companies to get together and grow and help each other, and develop resources that will help bothcountries’ economies," said Martin Schardt, executive vice president of the North American Prospect Expo (NAPE).The three-day events, held in the U.S. oil hub ofHouston, provides a marketplace for the buying, selling and trading of oil and gas prospects and producing propertires. As an industry leader, Schardt see a great opportunities for China and US in cooperation on energy and she has confidence in China's energy market. US call for closer energy cooperation with China.

The Chinese companies were welcomed to participate in the NAPE, though they were absent from this year's expo, Schardt said."We are still waiting for Chinese to come here. We will be very excited when they come but we do not have any Chinese company this year," said Schardt.
"China's oil and gas industry is obviously very active. They seem to be well funded and ready to explore. We see a lot of them in the U.S.," "They are really picking that up. I see the oil and gas industry in China is really growing over, the next five to 10 years. I think it is on a steep incline," she added.

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