On September 20, witnessed by Chinese President Hu Jintao and Chadian President Idriss Deby, China National Petroleum CorporationÂ’s (CNPC, Beijing, China) General Manager Jiang Jiemin and ChadÂ’s Oil Minister Mahamat Hassan Nasser signed the joint venture agreement on building a refinery between CNPC Services & Engineering and the government of Chad.CNPC Services and Engineering will be responsible for building the oil refinery north of ChadÂ’s capital NÂ’Djamena. Chinese design guidelines, manufacturing standards and machinery will be used in this refinery project. Neither group disclosed the investment value.
Chad began producing in 2003. So far, 13 oil fields have been discovered in Chad; however, the country does not have an oil refinery. All the refined oil has been imported into Chad. In May 2007, CNPC Services and Engineering and ChadÂ’s Oil Ministry signed the cooperation agreement on refinery in Beijing.