China National Petroleum Corp, parent of PetroChina Co Ltd<601857><0857><PTR>, yesterday announced that its natural gas transmission capacity increased 40% to 17 billion cubic meters per year after the completion of the extended West-East natural gas transmission project, sources reported.The...
The 1,300-km Kazakh section of a natural gas pipeline, which is part of the Turkmenistan-China pipeline project, has been completed, sources reported. China's President Hu Jintao and Kazakhstan President Nursultan Nazarbayev attended the inauguration ceremony in Astana on Saturday. The total investment of...
Tarim Oilfield Co, one of the major suppliers of natural gas from West China, has supplied a total of over 60 billion cubic meters of natural gas to the eastern regions, an official from the oil field said yesterday. The official said that the Kela 2 Gas Field, which has can produce 3,000 cu m of natural gas per day, is...
Shanghai DaZhong Public Utilities<600635> Dec. 3 announced that one of its subsidiaries, Shanghai Dazhong Gas Co Ltd, plans to sell a 49% stake in a gas firm based in Nanchang, the capital of Jiangxi Province, to China Resources Gas (Holdings) Ltd for RMB 698 million, sources reported.The Shanghai-...
Shangdong Province will import 3-4 billion cubic meters of natural gas from the Oceania region and from within China starting in 2014 to meet its annual demand for 5 billion cubic meters of natural gas, China National Radio reported Saturday. Construction of a Qingdao-based liquid natural gas pro...
Shenzhen Gas Corp<601139>, a major natural gas supplier in the city, kicks off a road show today for its planned initial public offering on the Shanghai Stock Exchange, sources reported.The firm plans to float up to 130 million A shares, or 10.57% of its enlarged share capital. Proceeds from the offering will be used to...
China National Petroleum Corporation (CNPC) said Tuesday that the Turkmenistan Amu Darya natural gas project, invested by its subsidiary PetroChina Co. will begin transporting natural gas to northwest China through the Central Asia Pipeline, which will begin operations next month. According to a ...
The nation's top economic planner is urging suppliers to meet maximum distribution rates to meet the demand. Photo:Xinhua By Kang Juan Chinese cities are grappling for a second week with the most serious natural gas shortage in nearly a decade, triggered by unusually early winter weather, and th...
China's major natural gas producers are now increasing their production and limiting the industrial use of gas for residential use due to the gas shortage from the recent cold weather, according to a Wall Street Journal report Tuesday. China Petroleum & Chemical Corporation (Sinopec) said Tuesday...
Taxies in Chongqing line up for natural gas. Photo: CFP By Chen Xiaomin Major natural gas shortages have raised doubts over the present supply system and more enterprises are called for to break the current monopoly. "Every city should have at least two natural gas supply pipelines to meet incre...