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  4. Cyberecord Inc (CYRD) Message Board

About CNPC CNPC is China's largest oil and

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Post# of 93
Posted On: 03/11/2014 1:05:21 AM
Posted By: KCLIM

About CNPC







CNPC is China's largest oil and gas producer and supplier, as well as one of the world's major oilfield service providers and a globally reputed contractor in engineering construction. With a presence in almost 70 countries, we are seeking an even greater international role. We provide energy in a profitable manner, and always attach great importance to our social and environmental responsibilities.






CNPC Trans-Asia Gas Pipeline Company Limited signs agreement with Tajiktransgaz on establishing a gas pipeline company



2014/3/10 16:11



On March 4 in Duschanbe, the capital city of Tajikistan, CNPC's subsidiary Trans-Asia Gas Pipeline Company Limited signed an agreement with Tajiktransgaz on jointly establishing a natural gas pipeline company to manage the construction of Line D of the Central Asia-China Gas Pipeline. 

Construction of Line D began to be prepared soon after the signing of a 25 bcm/a gas supply increasing agreement between China and Turkmenistan in November 2011. In September 2013, the Chinese Government signed inter-governmental agreements with Uzbekistan, Tajikistan, and Kyrghyzstan respectively on Line D project. Currently, the feasibility studies of the project have been completed by Trans-Asia Gas Pipeline Company. 

Construction of the Tajikistan section of Line D is expected to start within year 2014. By the end of China's 13th Five-Year Plan period (2016-2020) when construction of Line A/B/C/D and the auxiliary facilities in China are completed, 80 billion cubic meters of natural gas will be transported from Central Asia to China on an annual basis, taking over 40% of China’s gas imports of the year.




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