BEIJING, March 31 China oil giant PetroChina Co
Ltd (601857.SS) (0857.HK) has started to operate a major pipeline
to help transport fuel from the northwest to the energy-thirsty
central regions, a company-run newspaper said on Tuesday.
The 1,188-kilometre-long pipeline running from Lanzhou in
northwestern Gansu province to Zhengzhou in central China's Henan
province started pumping and delivering oil on Monday, reported
China Petroleum Daily, a paper owned by parent firm CNPC.
"The smooth launching and operation of the Lanzhou-Zhengzhou
pipeline marks a success of one phase of the nation's biggest
refined oil pipeline system construction," the paper said.
The Lanzhou-Zhengzhou segment is part of the
Lanzhou-Zhengzhou-Changsha pipeline running 2,070 kilometres from
northwest Gansu and Shannxi to central Henan, Hubei and Hunan. It
has an annual transportation capacity of 15 million tonnes.
China approved the project in 2007 in a move to improve
PetroChina's efficiency in transporting oil products from
northwestern to central regions, which rely heavily on supply
from other areas.
PetroChina currently uses trains to distribute fuel due to
the lack of a pipeline.
The west-central line will eventually be connected with a
line running from northeast Jinzhou in Liangning province to
central Zhengzhou, forming the country's biggest oil products
pipeline network, according to the paper.
It also said that the Zhengzhou-Changsha segment would be
ready for operation by the end of June.
(Reporting by Eadie Chen, Editing by Jacqueline Wong)
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