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2007-3-18 11:42 vip
China to add 25,000 km of oil and gas pipelines by 2010

China plans to build another 25,000 kilometers of oil and gas pipelines by
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2010 to support economic development, said the China Petroleum Pipeline Bureau
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P*@BO.Ei+cs (CPPLB). The length of the country's oil and gas pipelines totals KQ+k/_8X\9x%yw*yI

__I+\`r.Vz| 40,000kilometers at present, said Su Shifeng, director of the CPPLB, which is a
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leading enterprise in the country's oil and gas pipeline transportation clh7`[C

'cWU.`n*V&\ industry. The CPPLB recorded 420 million yuan (52.5 million U.S. dollars)of #qIS:Y] @p I ?

3R3v x?q6e profits last year, 82.6 percent up from 2005, according to the company. It t2G(|1ac

P2g_7Z j1H raked in 8.4 billion yuan of revenues and turned in 395 million yuan of taxes 7`Y'Dr6Y

9VG {d9EUe_)W last year. The CPPLB undertakes the construction of more than 80 percent of B)Dn ~Z,W&J2weAP

5~D2qQ3~4?(l'`/a2m9O China's oil and gas pipelines and over 75 percent of the country's crude oil lYQJE@'D9he5y
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storage tanks.

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