[South Korea SKE&S invests in REVRenewables to operate energy storage projects]On October 19, 2021, LS Power and SK E&S will establish a joint "strategic working group" to identify opportunities for clean energy technologies and services. South Korean natural gas company SKE&S will invest up to 400 million U.S. dollars in REVRenewables, a subsidiary of LSPower, which is mainly engaged in the development and operation of energy storage projects. Editor/Xing Wentao
The Liaocheng Guanzhou International Land Port Railway Dedicated Line constructed by CRFG has achieved full track connectivity. This line connects with Guanxian Station of Hanji Railway, with a designed annual throughput capacity of 18 million tons. After completion, it will fill the gaps in local bulk cargo railway transportation, build a multimodal transportation channel between public, railway and sea, and help improve the logistics network and regional economy in western Shandong. Editor/Min Jing
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