[Sinopec signs Kazakhstan polyethylene project]During the state visit of President Tokayev of Kazakhstan to China, Sinopec and Kazakhstan National Oil and Gas Company signed an agreement on the key terms of the joint development of polyethylene project in the Atyrau region of Kazakhstan in Xi'an. The project is the largest natural gas chemical project in the region, and all parties are expected to make a final investment decision in 2024. Sinopec and Kazakhstan have cooperated for many years. The signing of this agreement will bring the cooperative relationship between the two parties to a new level. The combination of Sinopec's capabilities in engineering, marketing, production and operation, and Kazakhstan's strong local capabilities and resource advantages can promote cooperation and complementarity between the two parties and seek win-win development. Edit/Ma Xue
The Manville hydropower station in Cameroon has been fully developed, with an installed capacity of 211 megawatts and an annual power generation of over 1 billion kilowatt hours. It is also connected to a 278 kilometer 225 kV transmission line and put into operation. The project overcomes challenges such as tropical swamps and rainy season construction, strengthens the power grid in southern Cameroon, improves power supply stability, and can also transmit power to neighboring countries, promoting regional energy interconnection and upgrading.Editor/Bian Wenjun
The order for four largest 4300TEU container ships from Ningbo Ocean Shipping has been landed, with a total investment of over 1.6 billion yuan. They will be constructed by Huangpu Wenchong and delivered in 2028. The ship type is adapted to the needs of international routes, combining low-carbon environmental protection and intelligent operation and maintenance advantages, and zero emissions can be achieved by docking. This move will strengthen the ocean shipping capacity, upgrade the fleet structure, enhance the service level of international routes, and consolidate the competitiveness of enterprise shipping.Editor/Biaan Wenjun