West–East Gas Pipeline

Second West-East Gas Pipeline set to start Hong Kong supplies this summer

The 5,220-kilometre Second West-East Gas Pipeline stretches from Xinjiang Uygur autonomous region in the northwest to northern Guangdong. Photo: Xinhua

It sounds like an engineer's pipe dream - a 9,000-kilometre-long pipeline stretching from Turkmenistan in Central Asia to Hong Kong and bringing energy to the homes of more than 500 million people along the way.

Sunday, 16 June, 2013, 4:07am 1 comment

Baoshan takes stake in PetroChina pipeline

The 5,220-kilometre pipeline will stretch from Xinjiang Uygur autonomous region in the northwest to northern Guangdong. Photo: Xinhua

Baoshan Iron & Steel and its parent Baosteel Group have agreed to invest a total of 10 billion yuan (HK$12.3 billion) to take a minority stake in PetroChina's third west-to-east natural gas pipeline construction.

21 Dec 2012 - 3:46am

Beijing lifts the price for transmitting natural gas

Beijing has raised the price of natural gas transmission for the first time in more than five years, a move widely seen as a precursor for gas price rises to reflect higher costs of production from new domestic fields and more expensive imports.

28 Apr 2010 - 12:00am

PetroChina allots 102b yuan for gas project

PetroChina, which is raising up to 66.8 billion yuan from a share offering in the mainland, has budgeted 102 billion yuan for its second west-east natural gas pipeline project importing gas from Turkmenistan to eastern and southern China, according to the chief accountant of its gas and pipeline unit.

26 Oct 2007 - 12:00am

Tax cut boosts oil major's earnings

PetroChina pockets 81.8b yuan in first half

PetroChina, the nation's largest oil and gas producer, posted a better than expected 1.42 per cent increase in first-half net profit, as a 4.48 billion yuan income tax cut offset a drop in operating earnings.

24 Aug 2007 - 12:00am

PetroChina pumps up the volumes

Oil producer plans to boost retail network by increasing the number of petrol stations to 25,000 by 2010

PetroChina aims to have 25,000 petrol stations by the end of 2010 - an increase of almost 40 per cent on the current number - as the company seeks to boost the retailing side of its distribution network.

20 Jul 2006 - 12:00am

Last link of gas pipeline completed

The mainland's 43.5 billion yuan west-east pipeline project is expected to start operations soon, with the final welding of the 4,000km-long link completed yesterday, state media reported.

4 Aug 2004 - 12:00am

Pipeline project to charge differing rates for viability

The PetroChina-led west-east pipeline project will charge different customers different gas prices to make it viable, a source close to the project said.

PetroChina, which is in negotiations with potential gas buyers, has so far not revealed the pricing structure of the project - a deciding factor on gas demand and the project's viability.

31 Mar 2003 - 12:00am

PetroChina seeks approval to build 760km gas link

PetroChina - the mainland's No 1 oil company - has submitted a proposal to Beijing to build a 760km natural gas pipeline between Hubei and Sichuan provinces, at an initial estimated cost of five billion yuan (about HK$4.68 billion).

18 Sep 2002 - 12:00am

BP not to bid for pipeline project

Updated at 5.53pm: British Petroleum (BP) confirmed on Friday it will not bid for the west-east pipeline project in the mainland.

The company said it did not see that it could make a significant contribution to the project.

The announcement came after PetroChina officials said the bid would be closed by the end of the month.

7 Sep 2001 - 12:00am

First stage of gas pipeline finishes

THE first stage in the main pipeline that will bring natural gas from the Yacheng field, off the southern coast of Hainan Island, to Hong Kong is expected to be completed today.

The pipeline is the second longest submerged pipeline in the world and has been laid at a record rate.

5 May 1994 - 12:00am