Baogang Group to cooperate with CNPC

Baogang Group, the largest steel business based in Inner Mongolia autonomous region, is to be a long-term partner of China National Petroleum Corporation (CNPC) with an agreement signed between the two companies on Nov 1, reports Baotou Daily.

According to the agreement, Baogang Group will provide CNPC with quality steel products used for oil country tubular goods and natural gas pipelines.

Founded in 1955, CNPC is an integrated international energy company. It is the world’s 3rd largest oil company based in China and plays a leading role in China's petroleum industry.