Xinjiang Guanghui's LNG pipeline plan approved by China and Kazakhstan
Shanghai. June 1. INTERFAX-CHINA - Xinjiang Guanghui Industry Investment (Group) Co. Ltd. (Xinjiang Guanghui), a gas and real estate conglomerate, has received approval from the Chinese and Kazakh governments to build a cross-border pipeline to transmit natural gas from Kazakhstan to China, the company announced June 1.
The pipeline will connect the Xinjiang Guanghui liquefied natural gas (LNG) plant in Jimunai County, Xinjiang Autonomous Region to a gasfield in the Zayan region of Kazakhstan.
The pipeline will be able to transmit 1.5 million cubic meters of gas daily once operational.
A construction timetable was not disclosed.
In September 2009, Xinjiang Guanghui acquired a 49 percent stake in Kazakh Tarbagatay Munay (TBM) to develop an oil and gas block in the Zayan region.
- TW