[BP and Zhejiang Energy Group's Natural Gas Market in China]On May 31, 2023, BP officially signed a joint venture contract with Zhejiang Energy Group's natural gas group and its holding companies to jointly establish a liquefied natural gas trading company to sell LNG through tank truck transportation. This is the first collaboration between BP and Zhejiang Energy Natural Gas. This joint venture is BP's third tank truck LNG trading and sales company in China, with the other two being Shenzhen Dapeng Liquefied Natural Gas Sales Co., Ltd. and Xinying Energy Trading Co., Ltd. Editor/Ma Xue
Indonesian National Economic Council Chairman Luhut met with Zheng Zhajie in Beijing to discuss the debt repayment mechanism for the Jakarta Bandung high-speed railway, stating that China has no objections to this plan. The talks also involve the operation of the transmission line and the planning of extending it to Surabaya. Indonesia plans to promote the equity adjustment of KCIC and study a long-term installment repayment plan of up to 80 years. Editor/Min Jing
The upgrade project of key sections of the A380 highway in Uzbekistan, undertaken by CR20G, has officially started. Ukrainian President Mirziyoyev attended the ceremony via video conference. The length of the renovated road section is 92 kilometers, and the original two lane road will be renovated to enhance traffic capacity. The project is expected to be opened in 2029, helping to improve the core trunk road network in Ukraine. Editor/Min Jing