[Speed up water conservancy construction and expand effective investment]Recently, the Ministry of Finance issued 94.1 billion yuan in water conservancy-related funds for relevant provinces (autonomous regions, municipalities directly under the Central Government, and cities under separate state planning) and Xinjiang Production and Construction Corps in 2023, an increase of 4.4 billion yuan compared with the amount issued in advance in 2022, in order to support local planning in advance. Implementing the construction of water conservancy projects in 2023 and forming effective investment as soon as possible provides a strong guarantee. Editor / Xu Shengpeng
Recently, the Megchi Irrigation Dam in Ethiopia was completed and put into use, with a total storage capacity of 185 million cubic meters, ensuring irrigation of over 17000 hectares of farmland and benefiting tens of thousands of farmers.Editor/Gao Xue
In 2026, CNOOC Chemical approved the feasibility study report for the 1.2 million tons/year natural gas to methanol project, located in Dongfang, Hainan. The project is planned to start construction in December 2027 and be put into operation in December 2029.Editor/Gao Xue