PetroChina to complete oil products pipeline in June 2002

PetroChina Co. Ltd. expects to complete a 1,247-km oil products pipeline by June 2002. The line will move oil products produced by PetroChina's Lanzhou Petrochemical Corp. to markets in the southwest Yunnan, Guizhou, and Sichuan provinces and Chongqing City.


By an OGJ Online Correspondent

BEIJING, July 3 -- PetroChina Co. Ltd. expects to complete a 1,247-km oil products pipeline by June 2002.

The line starts from Lanzhou, the capital of northwestern China's Gansu province, and will end in Chongqing city via Chengdu, the capital of Sichuan province in southwest.

The Sichuan section of the pipeline (from Chengdu to Chongqing) began construction in July last year. Work on the remaining portion will start this year.

The line will move oil products produced by PetroChina's Lanzhou Petrochemical Corp. to markets in Yunnan, Guizhou, and Sichuan provinces and Chongqing City.

Demand in those areas reached 7.8 million tonnes at end 2000, but only 200,000 tonnes of oil products were produced in the region.

The company hopes the pipeline will help raise the operation rate of Lanzhou Petrochemical, while easing the supply squeeze in the southwest.

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