[Russia approves gas supply agreement with Cosco East Route]It is reported that the Russian State Duma passed a bill on the approval of Russia and Cosco East route gas supply cooperation agreement. According to earlier news, Russia and China plan to build a pipeline from Dalinelechensk in Russia to Hulin in China across the Ussuri River under the Far East Pipeline cooperation project. In early February 2022, Gazprom and petrochina signed a long-term contract on the annual export of 10 billion cubic meters of natural gas to China via the Far East Route. After the project is implemented, the total supply of natural gas from Russia to China will reach 48 billion cubic meters. Russian Prime Minister Mikhail Mishustin said earlier that the implementation of the Russia-China cooperation agreement on gas supply from Russia to China via the Far East Route is beneficial to both countries and will further promote the development of Russia's Far East region. Editor/Xu Shengpeng
On March 28, 2026, the first phase of Wanhua Chemical Haiyang Green Power Industrial Park's 100000 ton lithium iron phosphate project was put into operation, and the second phase started simultaneously. The total investment of this project is 16.8 billion yuan, and it adopts the green power direct supply mode. It is a major project in Shandong Province. As the world's largest chemical giant in MDI production capacity, Wanhua Chemical has established battery materials as its second main business, relying on an 800 person R&D team to achieve mass production of its fourth generation products.Editor/Cheng Liting
On March 26, 2026, Wanji Aluminum (Xinjiang)'s 580000 ton electrolytic aluminum project started construction in the Camel Circle Industrial Park. The total investment of this project is 4.595 billion yuan, and it adopts a 600KA level large capacity electrolytic cell and intelligent control system. The DC power consumption per ton of aluminum is as low as 12430 kWh, and the energy efficiency is globally leading. As a key project for national capacity replacement, the project is planned to be put into operation in July 2027.Editor/Cheng Liting