Energy
CNPC finishes early-stage huge gas storage plan
(Agencies)
Updated: 2010-04-20 10:36
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BEIJING: State-owned CNPC has completed some early-stage construction of China's largest underground natural gas storage project in northern Shaanxi province, a company newspaper reported on Monday.
China suffered a serious gas shortage during the past winter as demand surged while supply was curbed, partly by insufficient storage capacity.
Xi'an Changqing Technology Engineering Co Ltd, a unit of CNPC, has compiled the concept design of the project, and early-stage assessment as well as gas injection and extraction plans for two gas storage sites, China Petroleum Daily said.
The report did not provide a time frame for the project, nor did it mention possible investment to be involved.
