Hainan seeks foreign capital for pipeline

China 's Hainan Province is seeking foreign investment jointly to build and operate the second and third segments of an integrated natural gas pipeline grid.The 700-km pipeline will ring the island province, passing through 12 cities and counties from Shanya to Qionhai.The 2.2-billion-yuan pipeline system is divided into three segments, with the first segment brought on line in 1996. This segment, extending 116 km from Shanya to Dongfang, has the capacity to transport 500-700 million cu m/year of gas. This segment has been transporting gas from an offshore pipeline terminus that delivers gas produced from Yacheng 13-1 gas field, operated by ARCO and China National Offshore Oil Corp. (...

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