日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

Companies

Environmental green light given to power project

By Tom Miles, Chen Aizhu and Fayen Wong (China Daily)
Updated: 2011-03-08 14:49
Large Medium Small

BEIJING - China has granted initial environmental approval to an $8.8 billion project by the South African petrochemical firm Sasol Ltd and China's top coal producer Shenhua Group to turn coal into fuels.

The environmental clearance brought the project, potentially one of the largest foreign investments in China, a step closer to final approval from the top economic steering body, the National Development and Reform Commission (NDRC), after nearly a decade of talks between the two companies.

The project, to be built in Northwest China's Ningxia Hui autonomous region, plans to make 3.16 million tons of diesel and 655,500 tons of naphtha a year, according to a post on the Ministry of Environmental Protection's website.

After backing coal-to-liquid (CTL) investments as a way of improving energy security and easing its growing dependence on foreign oil, China went cold on the technology in 2008, cancelling dozens of projects amid concerns about high costs and the impact it would have on scarce local water supplies.

The country's massive coal industry has also been developing its own coal-liquefying technology, which has become a drag for the government to rush approving projects like this one by Sasol, which emerged from discussions with Shenhua back in 2000.

Related readings:
Environmental green light given to power project Shenhua Group to invest $78b on expansion in 2011-15
Environmental green light given to power project China Shenhua shares rise on acquisition plans
Environmental green light given to power project China's Shenhua says CTL plant to begin storing carbon in '11
Environmental green light given to power project China Shenhua sees slower H2 coal demand growth

"The Chinese government obviously favors domestically grown technology when it comes to approvals, given that Shenhua already started a similar plant based on pure Chinese know-how," said a Beijing-based oil industry official.

Shenhua Group, parent of Shenhua Energy Co Ltd, has built its first CTL plant in the Inner Mongolia autonomous region, which is expected to produce 3 million tons a year by 2015.

"It seems that one big reason the project got the go-ahead was the potential for technology transfer from Sasol to Shenhua. It's a very important consideration given how new this sector is in China," said Shi Sijin, an analyst at Hawker Capital.

But Shi said the approval shouldn't be interpreted as meaning that Beijing is shifting its cautious position on the sector and that the Chinese government is unlikely to encourage more CTL projects.

Sasol's CEO Pat Davies told analysts in December that the firm was expecting a positive outcome from the Chinese government early this year and hoped to make the investment decision during this calendar year.

Reuters

分享按鈕
主站蜘蛛池模板: 裸体大乳女做爰69 | av九九| 九九热精品视频在线观看 | 美女久久久久久久久久 | 一级片毛片 | 中文在线日韩 | 成人公开免费视频 | 国产乱妇4p交换乱免费视频 | 二女同志亚洲人狂欢 | 欧美国产精品一区 | 国产日本视频 | 天堂久久av | 都市激情中文字幕 | 日本黄色大片网站 | 青娱乐在线视频免费观看 | 中文字幕观看 | 天天操一操 | 国产午夜精品视频 | 成人h网站 | 97干视频 | 欧美成人精品欧美一级 | 日韩精品在线视频观看 | 国产午夜一区 | 超碰在线成人 | 九色自拍视频 | 美女午夜影院 | 99久久国产精 | 欧美亚洲日本国产 | 激情xxxx | 撸大师在线观看 | 波多野结衣一区二 | 色欧美日韩 | 中文字幕五区 | 一区二区三区四区国产精品 | 久久噜噜色综合一区二区 | 亚洲成人精品在线观看 | 99re在线 | 天天操天天射天天爽 | 91麻豆天美传媒在线 | 激情网站视频 | 中文字幕精品在线视频 |