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| China's CNPC Starts Trial Ops Of NW Oil Products Pipeline |
| News Archive - Oil, Gas & Petrochemicals - September news | |
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(ChinaOilWeb,Sept 29, 2006) China National Petroleum Corp. (CNPC.YY) said Friday that a new long-distance pipeline designed to accelerate the development of China's resource-rich northwest has carried its first batch of oil products in trial operations. The oil products were dispatched from Urumqi, capital of Xinjiang autonomous region, via the 1,842-kilometer-long pipeline to Lanzhou city in neighboring Gansu province Monday, the company said in a statement on its Web site. The oil products pipeline, which spans 28 cities and counties, cost CNY15 billion ($1.9 billion) and took two years to build. A crude oil pipeline that follows the same route went into operation earlier this year. China has put the development of its oil resources in Xinjiang at the heart of its drive for energy security, building pipelines to accelerate the transfer of crude and products to its densely populated east. According to the notice, the products pipeline will have a planned annual capacity of 10 million metric tons of oil, or 73.3 million barrels. The pipelines use crude from three major oil fields in Xinjiang - namely, Karamay in the north, Tarim in the south and Tuha in the east. source:ChinaOilWeb |
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