China National Petroleum Corp and Russia's Rosneft have agreed to enhance cooperation and expand their existing crude oil trade.

CNPC said on its website on Tuesday that Rosneft Chief Executive Igor Sechin met with its chairman Jiang Jiemin and vice-chairman Zhou Jiping in Beijing.

Both companies discussed upstream and downstream integration and cooperation, including expansion of crude trade. They also pledged to speed up the implementation of major joint projects.