Economic Calendar

Thursday, March 12, 2009

PetroChina’s Sichuan Link to Restart After Fuel Leak

Share this history on :

By Winnie Zhu

March 12 (Bloomberg) -- PetroChina Co. expects to restart a pipeline that transports 70 percent of the oil products in China’s most populous province this afternoon after it was damaged by nearby construction, said China National Petroleum Corp.

The Lanzhou-Chengdu-Chongqing fuel pipeline in the southwestern province of Sichuan is being repaired after a leak was discovered yesterday afternoon, parent China National Petroleum, the country’s biggest oil company, said in a statement on its Web site today.

The pipeline links PetroChina’s refinery in Lanzhou in Gansu province to the Sichuan capital of Chengdu and also services the municipal area of Chongqing, which has provincial status. Sichuan has a population of 86.4 million, four times as many as the number of people in Australia.

PetroChina’s spokesman Mao Zefeng and China National Petroleum’s Liu Wejiang didn’t reply to calls made to their mobile and offices.

The leak was caused by “drilling work related to the construction of a passenger line,” China National Petroleum said in the statement, without elaborating.

To contact the reporters on this story: Winnie Zhu in Shanghai at wzhu4@bloomberg.net




No comments: