Reuters reported that China major oil and gas company China Petrochemical Corp signed agreements with nine domestic energy companies on Friday to secure supply for its Xinjiang gas pipelines project.

According to the statement the nine companies included China Huaneng Group, China Huadian Corp, China Guodian Corp, China Power Investment Corp and Henan Coal Chemical Industry Group Co Ltd. No details on supply volume were provided. Sinopec Group continues looking for other supply sources.

Sinopec Group plans to develop a 7,373-kilometer gas pipeline, stretching from the Xinjiang Uygur autonomous region in northwest China to Zhejiang province in the east and Guangdong province in the south, with an annual transmission capacity of 30 billion cubic metres.

The group said on Friday it also plans another gas pipeline from Xinjiang to Shandong Province at 4,463-kilometers in length.

(Sourced from Reuters)