China’s largest electricity transmission company—the State Grid Corp of China (SGCC) has signed an agreement with the Tibet Autonomous Region government to set up a power company there, namely the Tibet Power Co. Ltd.
The new company will be jointly invested by SGCC and the local government. Being the larger stake holder, SGCC will invest more [...]
Sources from Xinjiang Guanghui Industry Co., Ltd. said that, thanks to the increased profits of LNG businesses, its gross margin increased from 20.35% to 25.23%. Phaseâ…¡ Project will construct a 3mil. m3/d liquefaction plant, which will increase total capacity of Phaseâ… and Phaseâ…¡ projects to 5.5mil. m3/d.
Tags: LNG
The LNG utilization project in Nanan is now developing smoothly, with completed investment of RMB8.44 million, accounting for 56.26% of the planned investment in 2007. Completed MP pipeline network is 4.5km, and residential users are about 3888.
It also signed an agreement with Fujian Minfa Aluminum Co., Ltd. on providing gas 3487m3/d and equipment reformation, [...]
The Ministry of Commerce said it has granted the first batch of licenses for companies seeking to engage in crude oil sales operations.
The first batch of firms includes PetroChina, Sinopec, CNOOC Refining, Sinochem International and China Arts Huahai Import & Export Corp, the ministry said in a statement.
According to the statement, six more companies have [...]
At the morning of Jul. 26, Xinyang Coal Mine, located at Cuizhai Town, Jiyang County, Shandong Province, began to produce coal formally.
It is known that as a medium-scale coal mine in Jinan, Xinyang Coal Mine is invested by Xinwen Mining Group Co., Ltd., and the planed investment is 700 million Yuan. The main well [...]
It is known that the coal price of Lanhua Sci-Tech Venture hasn’t increased obviously, which is similar to that of last year. Due to the reasons of foreign partner, the supporting railway of Sino-American Daning Coal Mine has been delayed to operate again, and it is expected that it can’t run through before the end [...]
