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November 24, Hubei Provincial Government and China National Petroleum Corporation signed a strategic cooperation framework in the Chinese agreement. PetroChina said it would further increase the supply of natural gas in Hubei, to ensure that by 2015, the annual gas supply capacity of Hubei, 6 billion cubic meters.
Governor Li Hongzhong, deputy general manager of CNPC, PetroChina president Zhou Jiping behalf of both sides in the cooperation framework agreement. Provincial Party Committee, Deputy Governor Li Xiansheng speech.
Under the agreement, both sides will oil and oil products sales network construction, gas supply, gas pipelines and gas storage projects, natural gas and compressed natural gas projects in urban areas to carry out comprehensive cooperation in order to effectively improve the energy structure of Hubei Province, to enhance energy supply support capability, together with the enterprise to achieve local development, mutual benefit and win-win.
Li Xiansheng in his speech thanked the many years in the oil contribution to the development of Hubei. He said that the strategic cooperation framework agreement, marking a new stage in bilateral cooperation. Hubei will abide by its commitments, fulfill its responsibility for the development of the oil in Hubei to create a good environment.
Currently, Hubei Province mainly relies on natural gas supply line of oil Chungmu, Huai-Wu line of the two pipelines to supply the province's natural gas consumption accounted for more than 90%. Among them, Zhong-Wu gas line last year to 1.28 billion cubic meters in Hubei Province, more than 410 million cubic meters in 2005, an increase of 3 times the amount of gas this year will reach 15 billion cubic meters.
Shares in the oil and gas, vice president of Sun Longde introduced in another oil pipeline - Second West-East arrived Huangpi 21 this month, will soon be with the butt of Wuhan City natural gas pipeline network. By then, more than 5000 km away in Central Asia gas source will enter Wuhan, Wuhan to improve gas security capacity. Only included in the planning, will be launched in the West-three-, four-line project will pass through Hubei, and second and ZhongWu line with natural gas, Huai-Wu line connected in common, joint protection of Hubei gas demand.
PetroChina said the next step, will give priority to chemicals in the building a logistics center in Wuhan, Hubei Province to fully meet the market demand, based on the radiation Jiangxi, Anhui, Hunan and other markets. At the same time, increase oil and gas pipelines in Hubei Province, natural gas and refined oil products sales network and logistics center input.
At present, the oil has been invested in the oil product sales in Hubei, natural gas pipeline construction, natural gas sales and many other enterprises, assets of more than 100 billion yuan, annual sales of about 300 billion yuan.
Hubei Provincial Government Secretary-General Fu Dehui presided over yesterday's signing ceremony.