MOSCOW (MRC) -- China's Sinopec said on Tuesday it had put into operation a pipeline delivering 2.6 million cubic metres a day of shale gas from the Fuling field in Chongqing in southwestern China to central and eastern China, reported Energyworld.
The Nanchuan-Fuling pipeline was built on challenging terrain, crossing steep slopes and a suspension bridge, said a report on the company's microblog.
China's top shale gas field, Fuling is expected to pump at a record 7 billion cubic metres (bcm) in 2020, as Sinopec is set to add nearly 100 new production wells this year, Reuters reported in September.
As MRC informed earlier, Sinopec Guangzhou Petrochemical, part of China's petrochemical giant - Sinopec, restarted operations at its cracker in early December, 2019. The company started maintenance at the plant on October 12, 2019. Located in the Guangzhou province of China, the cracker has ethylene production capacity of 260,000 mt/year and propylene production capacity of 150,000 mt/year.
Ethylene and propylene are feedstocks for producing polyethylene (PE) and polypropylene (PP).
According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 1,724,670 tonnes in the first ten months of 2019, up by 7% year on year. Shipments of all PE grades increased. The estimated PP consumption in the Russian market in January-October 2019 totalled 1,066,520 tonnes, up by 7% year on year. Supply of block copolymers of propylene (PP block copolymer) and homopolymer of propylene (homopolymer PP) increased, demand for statistical copolymers (PP random copolymer) decreased.
China Petroleum & Chemical Corporation or Sinopec Limited is a Chinese oil and gas company based in Beijing, China. Sinopec's business includes oil and gas exploration, refining, and marketing; production and sales of petrochemicals, chemical fibers, chemical fertilizers, and other chemical products; storage and pipeline transportation of crude oil and natural gas; import, export and import/export agency business of crude oil, natural gas, refined oil products, petrochemicals, and other chemicals.
MRC