[The dome of No. 2 storage tank of Wenzhou LNG project rises]According to China State Construction Power Construction Co., Ltd., the dome of No. 2 storage tank of the Huagang LNG (liquefied natural gas) project in Wenzhou, Zhejiang Province, which is undertaking the civil construction tasks, has been successfully lifted into place recently, laying the foundation for the project to be completed and put into production on time. The project is one of the 53 coastal LNG receiving stations that have been completed and put into operation and are under planning in the country. The total investment is 10.6 billion yuan. It is planned to construct 6 160,000 cubic meters LNG storage tanks and supporting process facilities and 1 in three phases. 100,000-ton wharf. Editor/Xu Shengpeng
Recently, the China Development Bank signed a financing agreement for the Kazakhstan ethane propane pipeline project in Beijing, providing a loan of 2.89 billion yuan to implement the cooperation results of the China Asia Summit and support the full industry chain cooperation of oil and gas between China and Kazakhstan. The project is the first liquid ethane propane long-distance pipeline in Kazakhstan. The general contracting was finalized in November 2025, and construction began in October of this year. It is expected to be put into operation by the end of 2028. The construction phase is expected to create about 1300 local job opportunities and also drive domestic equipment engineering services to go global.Editor/Li Xiaohua
On November 10, 2026, the first tower of the Zhejiang ultra-high voltage AC ring network project was completed in Shangyu, Shaoxing, and the project officially entered the tower assembly stage, helping to promote clean energy consumption and power grid supply in East China. This project is a key power engineering project during the 15th Five Year Plan period, with a total investment of 29.3 billion yuan. It is planned to be put into operation in November 2029 and will create the first provincial high-voltage AC ring network in China. The project can consume over 57 billion kilowatt hours of clean energy annually, effectively reducing carbon emissions and improving the power supply guarantee level in the Yangtze River Delta.Editor/Li Xiaohua