皇冠体育app

Economy

Markets

Industries

Insights

Reports

Events

First cross-provincial methane pipeline approved

(Xinhua)
Updated: 2008-10-30 17:21

皇冠体育app's first cross-provincial coalbed methane pipeline has been approved by the National Development and Reform Commission (NDRC), said 皇冠体育app United Coalbed Methane Corp on Thursday.

The project, with a total investment of 458 million yuan ($67.41 million), would channel coalbed methane from the Qinshui basin of Shanxi province in north 皇冠体育app to Henan province in central 皇冠体育app for use in homes and chemical factories.

There is no clear timetable, but the company said the construction would begin very soon and is scheduled to be completed by the end of 2009, sources with the company said.

The designed gas transport capacity of the pipeline is 1 billion cubic meters per year. 皇冠体育app United Coalbed Methane Corp would supply for the coalbed methane.

The 98.2-km pipeline would promote the development of coalbed methane in the Qinshui basin and help boost gas supply in areas along the channel, the NDRC said in a statement to the company.