[Russia will take full control of Sakhalin 2 oil and gas project]Russian state-owned Gazprom will retain its 50% plus 1 stake in the Sakhalin-2 project, while its foreign partners Shell (27.5%), Mitsui (12.5%) and Mitsubishi (10%) are expected to give up their stakes in Sakhalin-2 stake in the project. The economic impact of the ongoing war in Ukraine. Editor/Xing Wentao
The bidding for investors of the Jinan section of the Jinan Linqing Expressway project has been launched. The estimated investment for the project is 7.5 billion yuan, with a total length of 19.5 kilometers, adopting a two-way six lane standard, and a planned construction period of 1260 days. As the core radiation of Jinan metropolitan area, a new westward cross Yellow River channel will be added after completion to promote the integration of the two banks of the Yellow River. The bidding deadline is May 15th.Editor/Gao Xue
China Road and Bridge Corporation has won the bid for the irrigation system renovation project in Jalal Abad, Kyrgyzstan, with a contract amount of 853 million som. The project will modernize and rebuild a 15.78-kilometer canal, expected to be completed by the end of 2028. After completion, it will ensure irrigation water for 8225 hectares of local land.Editor/Gao Xue