Location: Atasau-Alashankou, Center-Eastern Kazakhstan
Sector: Energy
Source of funding: 50% share of CNPC
Total cost: USD 135.4 mln
Implementer: n/a
Start (of construction): 2010
Planned completion: 2013
INVESTORS SUMMARY
China National Petroleum Corporation (CNPC) is an integrated international energy company. Based in China, the company has oil and gas assets and interests in more than 30 countries in Africa, Central Asia-Russia, America, the Middle East, Asia-Pacific, and other regions. CNPC is China's largest oil and gas producer and supplier, as well as one of the world's major oilfield service providers and a globally reputed contractor in engineering construction, with businesses covering petroleum exploration & production, natural gas & pipelines, refining & marketing, oilfield services, engineering construction, petroleum equipment manufacturing and new energy development, as well as capital management, finance and insurance services.
DESCRIPTION OF THE PROJECT
Increasing the capacity of the Kazakhstan–China oil pipeline in the Atasu–Alashankou section to 20 mln tonnes/year. It is part of the Kazakhstan–China oil pipeline, which aligns perfectly with the premise of the BRI.
THE PURPOSE OF THE PROJECT
LINKS