Central enterprises in the field of energy and chemical industries have made plans in Chongqing. They have signed a number of cooperation projects with the Chongqing Municipal Government. PetroChina, Sinopec, Minmetals Group, Datang Group, Huaneng Group, Shenhua Group, and China Chemicals all have investment cooperation projects.
During the fair, PetroChina and the Chongqing Municipal Government signed the "Twelfth Five-Year Plan" investment cooperation agreement. According to the agreement, during the "12th Five-Year Plan" period, PetroChina will increase its investment in Chongqing. The first is to increase the exploration and development of natural gas and unconventional natural gas. It is planned that by 2015, the production of natural gas in Chongqing will double by this year to reach 12 billion cubic meters; the second is to speed up the construction of natural gas pipeline network, and it is planned that by 2015, PetroChina will The supply of natural gas in the Chongqing area has increased to 11 billion cubic meters to realize county-county ventilation; the third is to improve and complete the refined oil storage and transportation facilities and marketing network; fourth is to continue to carry out the 10 million-ton oil refining project in Chongqing and the second phase of China-Myanmar crude oil pipeline Engineering Kunming - Chongqing section and other major projects in the preparatory work.
The cooperation framework agreement signed between Sinopec and Chongqing shows that in the future, Sinopec will further increase its investment in Chongqing and increase the supply of natural gas and refined oil to Chongqing.
Huaneng Group's contracted projects with Chongqing Municipality involved thermal power generation, gas power generation, shale gas development, and coal storage base construction. According to Zhang Tingke, deputy general manager of Huaneng Group, the use of shale gas for power generation will be the future development trend of power companies.
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