Archive for July, 2007

China Coal Will Develop Resources in East Zhangnan Mining District

It is said that China National Coal Group Corp. and Xinjiang Production & Construction Group signed a strategic cooperative agreement on developing Huaidong East Zhangnan Mining District in May.
According to the agreement, two sides will construct a large coal chemical base under guideline of related national policies as well as industrial and regional plans, [...]

China to promote qualification standards on steel exporters

China will work out qualification standards on iron and steel export enterprises.
China Iron and Steel Association (CISA) and its member enterprises have put forward concrete proposals and suggestions on improving qualification standards on enterprises engaging in iron and steel exports, export tax items of iron and steel products, and preferential tax policy on import of [...]

Guangdong nuclear power developer signs equipment purchasing deals

China Guangdong Nuclear Power Holding Co. Ltd. (CGNPC) has signed seven equipment purchasing agreements with several suppliers regarding the construction of two nuclear power projects, according to a statement released yesterday on the Web site of the State-owned Assets Supervision and Administration Commission.
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Australia’s Arrow Energy, PetroChina sign intent on Xinjiang coal project

Australia’s Arrow Energy N.L. said it has signed a letter of intent with China’s largest oil and gas producer, PetroChina Co Ltd ( HK 0857), to seek an alliance on a coal bed methane (CBM) project in northwestern China’s Xinjiang region.
Under the letter of intent, the two parties will negotiate a production sharing contract covering [...]

China Longyuan Power, Electricite de France sign carbon credit deal

China Longyuan Power Group Co said it has signed an agreement with Electricite de France, under which the French group will buy carbon credits for 9 mln tons of carbon dioxide equivalent.
The credits will be purchased from Longyuan’s wind power operations, which have an installed capacity of 945,000 kilowatts.
As a theoretical alternative to a coal [...]

Yongqing Wang’s Ethane Project will be approved within this year

As the largest project invested by Taiwan, Yongqing Wang’s dream of “Ethane Project” that has been incubated for over ten years will be come true. This is the core of Yongqing Wang’s investment program in mainland.
It was divulged that this project will be approved by government without doubt. If Formosa Ningbo Plant grants by [...]

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