Pipelines, Storage & Power

CNPC subsidiaries to supply Hangzhou

CNPC subsidiaries have signed a strategic cooperation framework agreement with Hangzhou Gas Group to supply gas to Hangzhou.
By Staff reporter 10 May 2018 0 30805

China National Petroleum Corp.’s (CNPC’s) eastern sales branch and its China Petroleum Pipeline Engineering subsidiary have signed a strategic cooperation framework agreement with Hangzhou Gas Group to supply gas to Hangzhou, the capital of Zhejiang province, CNPC said on Thursday.

Hangzhou Gas supplied 7.09 billion cubic metres of gas between 2004 and 2017, replacing 8.65 mt of standard coal, according to CNPC.

Gas accounted for 9.4% of Hangzhou’s energy mix at the end of 2015, below a 31.5% share in Beijing’s mix, 12.7% in...