A consortium that includes BP and the Indonesian oil and gas company Pertamina has signed an US$8.5bn contract with China National Offshore Oil Company to develop the huge Tangguh natural gas field in Indonesia, said the Financial Times. From 2006, gas from the field will be supplied to a terminal in Fujian province. Pertamina said […]
Category: Energy & Environment
Russia and China have agreed to build a pipeline to carry natural gas from east Siberia to the Bohai Bay region of northeast China. The announcement was made by Russia's vice-minister of energy at a forum of the Shanghai Co-operation Organisation, which consists of China, Russia and four central Asian states. Russia is also planning […]
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Wind of change
Weather conditions in Beijing are becoming more extreme but, with the Olympics in mind, the city is determined to crack down on pollution.
Sinopec is to start construction of a 660km pipeline that will pump imported crude oil from Ningbo in Zhejiang province to Shanghai and Nanjing. The pipeline will cost Yn4bn to construct and will have an eventual capacity of 10m tonnes a year. Customers will include Sinopec subsidiaries and its joint venture petrochemical plants with BP […]
China National Offshore Oil Corp and the provincial government of Fujian have signed an agreement for the construction of a liquefied natural gas project in the province. The project will include an LNG terminal to deliver gas to five urban pipeline networks and two gas-fuelled power plants. The terminal will be designed to handle 2.5m […]