人民网
Thu,Aug 21,2014
English>>Business

Editor's Pick

CNPC, Uzbekneftegaz to launch JV for gas pipeline

(Xinhua)    16:59, August 21, 2014
Email|Print|Comments       twitter     facebook     Sina Microblog     reddit    

BEIJING, Aug. 21 -- China National Petroleum Corp. (CNPC) will establish a joint venture with Uzbekistan state oil company Uzbekneftegaz to build and operate Line D of the Central Asia-China Gas Pipeline in Uzbekistan.

Upon operation of Line D, the Central Asia-China Gas Pipeline will be able to deliver 85 billion cubic meters of gas annually, making it the largest gas transmission system in Central Asia, the CNPC said in a press release on its website.

CNPC and Uzbekneftegaz also intended to build a natural gas chemical plant at Uzbekneftegaz's Mubarek Gas Processing Plant to produce polyethylene and liquefied gas aiming at the Central Asian markets.

The two companies will start the economic and technological feasibility studies soon, SNPC said.

The agreement on the joint venture and a MOU on the chemical plant were signed by CNPC chairman Zhou Jiping and Uzbekneftegaz chairman Shokir Fayzullayev in Beijing on Tuesday during Uzbekistan President Islam Karimov's visit to China.

(Editor:Kong Defang、Yao Chun)
Email|Print|Comments       twitter     facebook     Sina Microblog     reddit    

Related reading

We Recommend

Most Viewed

Day|Week|Month

Key Words

Links