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Consul General Dr. Huang Qinguo's Address at WACPA Launching Reception

Hon Mr Bill Marmion MLA Minister for Mines and Petroleum

Mr Wang Qin President of WACPA

Ladies and Gentlemen:

Good Evening!

I am very pleased to attend tonight's reception. First, on behalf of the Chinese Consulate General in Perth, I would like to extend my sincere congratulations to the establishment of WACPA.

Western Australia is rich in mineral resources. The proved natural gas reserve accounts for more than half of Australia's total reserves. In 2013, WA produced 19 million tons of liquefied natural gas, about eighty percent of Australia's overall LNG production. In recent years, WA has committed to build itself into a world-class LNG export base. The investment of projects which are under-construction or proposed is over 100 billion Australian dollars. The projects preparing to construct is about 50 billion Australian dollars. In this process, Chinese people in WA have always been positive and active. There are so many Chinese experts in the field of oil and gas exploration, scholars from R&D areas, and engineers serving for Chinese involved projects. Because of their hard work, dedication, innovation, open and compatibility, they have became an important force to push forward the development of local oil and gas industry.

Ladies and gentlemen,

With the steady development of Chinese economy and the strengthening of environmental protection consciousness, the demands of China for clean energy have been also increased year by year. In 2014, China's natural gas demand will reach 180 billion cubic meters. It means a huge potential market to WA. In 2013, WA only exported 4 million tons LNG to China. With the continuous deepening of bilateral economic and trade relations, the cooperation in the oil and gas fields between China and Australia will also achieve greater development.

In the future, I hope WACPA will continuously strengthen its own construction and development, to unite and cohere with experts and companies in the fields, provide a platform for communication, create more opportunities and play an active role in promoting the bilateral cooperation to a new high.

Thank you!

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