Construction on $3.37 bln of energy projects kicks off in Xinjiang
Shanghai. September 25. INTERFAX-CHINA - Construction has started on seven large-scale energy projects with a combined investment of more than RMB 23 billion ($3.37 billion) in northwestern China's Xinjiang Uyghur Autonomous Region, state media reported on Sept. 25.
These seven projects include the Changji Thermal Power Plant, the Wusu Thermal Power Plant, the Akesu Thermal Power Plant, the Urumqi-Hami Power Transmission Project and the Yili No. 1 Coalmine, which will be Xinjiang's first coalmine with 10 million tons of annual production capacity, Xinhua news agency reported.
One of the projects, the Dushanzi Strategic Crude Oil Reserves Base, will have an aggregate storage capacity of 5.4 million cubic meters and will serve to keep oil supplies stable in northeastern and southwestern China, according to the report. The base will store crude oil imported from Kazakhstan.
Another project, the Guanghui LNG (liquefied natural gas) Project will import 5.3 billion cubic meters of LNG a year from Kazakhstan.
Zhang Guobao, head of China's National Energy Agency, was in Xinjiang on Sept. 24 to attend the commencement ceremonies.