The Qingdao-Nanjing pipeline will be transferred to newly established PipeChina for operation.
SEATTLE (Oil Monster): China's Sinopec said on Tuesday it had completed construction of a natural gas pipeline connecting the Qingdao liquefied natural gas (LNG) terminal in Shandong province and Nanjing city in Jiangsu province.
The 536.13-kilometre pipeline, which also connects to the existing Sichuan-East gas pipeline, is expected to help improve energy security in China's eastern developed area, Sinopec said in a statement.
The Qingdao-Nanjing pipeline will be transferred to newly established PipeChina for operation, as part of China's ongoing energy and state-owned enterprises reform.
Courtesy: www.economictimes.com
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