Weekly hot spot of the energy industry

Sinopec Tianjin ethylene and supporting project completed
On September 16, Sinopec Tianjin's one million-tonne ethylene and 1 million-tonne ethylene plant for the main equipment of the project was successfully completed and the intermediate transfer was completed. The one-time investment reached 26.8 billion yuan, and the supporting investment was directly driven by 100 billion yuan. It is a city in Tianjin. The largest industrial project ever.
The second batch of 10,160 tons of rare earth export quotas issued by the Ministry of Commerce recently announced that the number of second batch of rare earth export quotas for foreign-invested enterprises in 2009 was a total of 10,160 tons.
The pilot of hydropower thermal power at the same price will be launched in the near future at the high-level forum for sustainable development of hydropower. Zhang Guobao, deputy director of the National Development and Reform Commission and director of the Energy Administration, said that the pilot projects for the same price of hydropower and thermal power will be launched in the near future to raise the relatively low hydropower prices, but it is still difficult at present. Full implementation of hydropower thermal power homogeneity work.
Crude oil, refined oil imports allowed to increase by 15%
The Ministry of Commerce issued the relevant announcement (draft) for the import of crude oil, refined oil, and chemical fertilizers in 2010. In 2010, the allowable import volume of non-state trading crude oil in China was 25.3 million tons, and the allowable non-state trade import of refined oil (fuel oil) was 14.09 million tons. , an increase of 15% year-on-year.
MCC listed as the second largest IPO in the world this year
China Metallurgical Co., Ltd. has raised a total of US$5.13 billion in IPOs in Shanghai and Hong Kong. This transaction has become the world’s second largest IPO transaction this year.
China will invest 16 billion U.S. dollars in Venezuela's oil project. Venezuelan President Chavez said on Wednesday that China has agreed to invest $16 billion in an oil project in Venezuela's Orinoco heavy oil in the next three years.
PetroChina expects to double natural gas transmission to Beijing in 2015. China National Petroleum Corporation expects that natural gas delivered via Beijing-Beijing Pipeline to Beijing by 2015 will double this year and strive to cover natural gas in all distant suburbs of Beijing in the next five years.
Chinalco to Open Peru Copper Project China Aluminum will start construction of its 2.2 billion U.S. Toromocho copper mine in Peru in 2010, and will start production at the end of 2012.

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