[Two major projects in Qinzhou, Guangxi officially started]On March 28, 2023, the commencement ceremony of PetroChina Guangxi Petrochemical Refining and Chemical Integration Transformation and Upgrading Project and Huayi Qinzhou Chemical New Materials Integration Base Phase III Project Methanol to Olefin and Downstream Deep Processing Integration Project was held in Qinzhou successively. PetroChina Guangxi Petrochemical Refining and Chemical Integration Transformation and Upgrading Project covers an area of about 4,620 mu and will be fully launched on July 28, 2022. It mainly includes 14 sets of chemical equipment such as 1.2 million tons/year ethylene cracking, 2 sets of oil refining equipment such as 2 million tons/year diesel oil adsorption and dearomatization, supporting newly built and renovated parts of oil refining units and corresponding public works, storage and transportation and auxiliary production facilities , It is planned to be completed and put into operation in 2025. After the project is completed and put into operation, it will further exert the efficiency creation ability of existing refining assets, reduce oil products by 3.49 million tons and increase chemical products by 3.06 million tons per year. The product structure will be more reasonable and the industrial chain will be further extended. The planned total investment of the third phase of the Huayi Qinzhou base project is 55 billion yuan. Taking methanol to olefins as the leader, it will enrich the diversification and differentiated development of the downstream olefin products of the Huayi Qinzhou base, enhance the competitiveness of the industrial chain, and focus on the development of high-end new material products. Including olefin downstream materials such as EVA, degradable materials, polyurethane materials, etc. There are five projects in the first phase, with a total investment of about 25.7 billion yuan. It is expected that the devices will be completed and put into operation in 2025. Editor/He Yuting
China Power Construction Corporation has announced the candidates for the EPC bidding of two major photovoltaic composite projects with a total capacity of 900MW in Lingwu, Ningxia. The total bid amount is about 903.7 million yuan, and the cost per watt is about 1.004 yuan. The consortium of China Electric Power Construction Qinghai Institute, China Construction Third Engineering Bureau, and China Hydropower Tenth Engineering Bureau will take on two first places. The project is located in the Lingwu Gobi Desert, with a new technology demonstration test zone. It will start construction in July 2026 and be fully connected to the grid by the end of December, with a tight schedule. The contractor is responsible for the full cycle EPC and most of the land coordination work. The consortium of state-owned enterprises relies on design and construction advantages to control costs. After the power station is completed, it will be connected to the Ningxia high-voltage main network for external transmission of green electricity, helping local consumption indicators and the transmission of electricity from the west to the east.Editor/Gong Ziwei
At the invitation of the President of the People's Republic of China, Myanmar President Myint Aung Hlaing will pay a state visit to the People's Republic of China from June 15 to 19, 2026. The statement states that both sides agree to continue to leverage the role of the China Myanmar oil and gas pipeline, steadily promote power interconnection, and explore the construction of an economically and environmentally sustainable energy partnership. Both sides agree to implement a direct settlement mechanism between RMB and Burmese kyat to promote trade, and support strengthening trade and investment cooperation in areas of common interest such as agricultural product processing, oil, and energy.Editor/Gong Ziwei