[South African Ports Authority plans to invest$570 million in port infrastructure] South Africa's Transnet National Port Authority plans to invest around $566 million over the next seven years in various infrastructure facilities in East London, Port Elizabeth and Ngula. Ports of Nelson Mandela, Elizabeth and Ngula will receive $299 million in investment, while East London will receive the remaining approximately $268 million. The first investment of around R570 million will take place in the 2022/2023 financial year. TNPA's latest investment plan aims to realign South African port operator Transnet with other key economic sectors. Editor/Xing Wentao
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  • 2026.06.12 11:59
  • [Drilling of the first well in the second phase of the Bohai large-scale gas field]
  • On June 9, 2026, the first well G10 on the WHPG pilot platform of the Bohai Bay's first 100 billion cubic meter gas field - Bozhong 19-6 gas field Phase II development project - was successfully drilled, marking the full start of the drilling engineering for the gas field Phase II development project. The gas field is located in the central Bohai Sea, with an average depth of about 20 meters. Currently, the proven geological reserves of natural gas exceed 200 billion cubic meters, and the geological reserves of condensate oil exceed 200 million cubic meters. The Phase I development project of the gas field will be put into operation in November 2023, and the Phase II development project will build three wellhead platforms and three pipeline racks.Editor/Gong Ziwei
  • 2026.06.12 11:53
  • [Shaanxi exported 7.4 billion yuan of solar cells in the first five months]
  • In the first five months of 2026, the total import and export value of Shaanxi Province was 371.32 billion yuan, ranking twelfth in the country, with a year-on-year growth rate of 83.6%, ranking first in the country in terms of growth rate. The export growth of integrated circuits, automatic data processing equipment, and their components is strong. The export of electromechanical products reached 267.83 billion yuan, a year-on-year increase of 120%. Mainly including integrated circuit exports of 154.68 billion yuan, a year-on-year increase of 201.5%; The export of automatic data processing equipment and its components reached 53.13 billion yuan, a year-on-year increase of 339.4%; Automobile (including chassis) exports amounted to 23.91 billion yuan; The export of solar cells reached 7.4 billion yuan, a year-on-year increase of 36.1%; Lithium battery exports amounted to 2.55 billion yuan, a year-on-year increase of 125.2%.Editor/Gong Ziwei
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