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Energy Insights: Energy News: PetroChina to build LNG facility to supply Tibet

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PetroChina to build LNG facility to supply Tibet


29-08-2010


 

BEIJING (Reuters) - PetroChina Co Ltd plans to build a 300 million yuan ($44 million) liquefied natural gas (LNG) facility in western China to supply Tibet, parent China National Petroleum Corp said.

The project, sourcing gas from PetroChina’s Qinghai oil and gas field in northwesterm Qinghai province, was scheduled to start operating in October next year, state-owned CNPC said in a notice on its website.

The company would build a receiving facility in the Tibetan capital Lhasa and a 38-kilometer gas grid, as well as compressed natural gas filling stations for vehicles in the city, it said.

The notice did not give a capacity for the facility.

Separately, state media reported that State Grid Corp had started building a $2 billion, 1,774-kilometre power line last month to supply Tibet, with plans to complete the project by end of 2012.

($=6.8 yuan)

www.tehrantimes.com

 

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