Beijing/April 25, 2019, 2nd Belt and Road Forum for international cooperation was held in Beijing. Jereh Group, a leading Chinese oil & gas solution provider, was invited to Belt and Road CEO Conference by the committee.

Mr. Simon Xie, Vice President of Jereh Group, attended the conference for business matchmaking with global entrepreneurs.

Jereh was invited to Belt and Road CEO Conference.

As indicated in Jereh’s annual report, overseas business takes up 43% of its total sales revenue and the number keeps growing as the company stays active in global markets, especially those along the BRI.

Adhering to the goal of becoming a “worldwide brand”, Jereh sees BRI a great opportunity to fulfill its global strategy and achieve mutual development with partners along the road.

This April, Jereh just signed a 30-million-dollar EPC contract with Oil & Gas Development Company Limited (OGDCL) on Nashpa compression project in Pakistan.  

OGDCL is a major oil & gas company in Pakistan, providing more than 26% of the nation’s natural gas. The project is expected to restore production capability of oil & gas fields and guarantee stable recovery of LPG in line with increasing consumption demand. The total capacity is projected to reach 98.48 MMSCFD.

And in January, 2019, Jereh delivered China’s first truck mounted electric-driven screw compressor package to Russia, where Jereh has created over 330 positions by setting up subsidiary and spare parts warehouse locally.

This March, Kazakhstan imported Chinese hydrogen compressor packages for the first time. Packaged by Jereh, they are able to power the refining process of two gases simultaneously.

Last year, Jereh self-developed frac spread marched into Middle East market, which is the first time for Middle East customers to choose Chinese well stimulation equipment. It is an acknowledgement to both Jereh itself and Chinese manufacturing ability on the whole.

Jereh’s quality products and service have helped the oil & gas production and supply of BRI countries, and also facilitated BRI’s role in global trade and cooperation.

Mr. Xie says, “During our own development along the Belt and Road, Jereh is committed to hiring local employees, connecting with local community and boosting local energy industries as well as economies. That’s how we have been operating and we shall keep it that way in the future.”