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Jiangsu Rudong JV Pipeline Company Limited established
On March 9, the Jiangsu Rudong JV Pipeline Company was officially established in Shanghai by PetroChina, Shenergy (Group) Company Limited and Yangkou Port Company Limited, with each holding a share of 50%, 40%, and 10% respectively.
The newly established JV will invest, build and operate the Rudong-Haimen-Chongming Gas Pipeline, which starts from the initial station of output pipeline at the Rudong LNG terminals, Jiangsu Province, and runs through Rudong, Tongzhou, and Haimen, where the pipeline crosses the Yangtze River to enter the Chongming Island in Shanghai. The pipeline has a total length of around 90km, a designed pressure of 10MPa, a pipe diameter of 610mm, and a designed annual delivery capacity of 1.84 billion cubic meters. On January 29, the directional drilling crossing of 3,440m at the Yangtze River was completed.
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