The collapse of the US energy trade Enron Corporation has thrown into doubt the future funding of a US$400m gas pipeline between Chongqing and Wuhan. Enron signed a memorandum of understanding to take a 45 per cent stake in the joint venture pipeline with PetroChina but it did not make its pledged investment in the […]
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Qinghai pipeline completed
A 930km gas pipeline, the longest in China, has been completed, said Xinhua. The line starts at the Sebei gas field in Qinghai’s Qaidam Basin, runs through to the provincial capital Xining and terminates at Lanzhou in neighbouring Gansu province. The Yn2.25bn pipeline is designed to transmit 2bn cubic metres of gas annually.
Thailand, Laos and China have agreed in principle to jointly fund and proceed with the construction of a road that will connect their transportation networks. The highway will mostly be in Lao territory but it is designed to benefit all three countries through the development of tourism and business ties. Survey and design work will […]
The first phase of the Yuao Bridge project over the Jialing River in Chongqing was opened in January. Funded by investors from Macau and Chongqing, the 4km bridge will cost about Yn800m to construct. It is expected to ease traffic jams in the municipality. The second phase of the project, including a tunnel and two […]
Shanghai has replaced Rotterdam to become the world’s fifth biggest container port, according to the publication Containerisation International. It languished in 20th place as recently as 1995. The port expected to handle 6.3m teu in 2001. All of the world’s top five container ports are now Asian: Hong Kong, Singapore, Pusan, Kaohsiung and Shanghai.