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<< Back TISCO has become the largest X80 supplier to the natural gas project between China and Russia.
2017-11-30
Recently, CNPC (China National Petroleum Corporation), the construction party of the eastern route natural gas project concluded between China and Russia, purchased another 15,000 tons of X80 pipeline steel from TISCO (Taiyuan Iron and Steel CO., LTD). Up to now, TISCO has become the largest supplier to the project with 48,000 tons of X80 provided, giving powerful support to the world’s largest onshore energy channel.
Back to May 21st, 2014, Chinese President Xi Jinping and Russian President Vladimir Vladimirovich Putin signed in Shanghai the Memorandum of Cooperation on Natural Gas and witnessed the signature of Purchase and Sales Agreement between CNPC and Gazprom.
According to the agreement, Russia will start supplying natural gas to China through the eastern route from 2018 with the gas output increasing year by year to reach annual 38 billion cubic meters, which will be lasting for 30 years.
CNPC is China's largest petroleum company wholly-owned by the state and is one of the world's leading integrated oil and gas production companies, focused on hydrocarbon production and transmission as well as engineering and petroleum services.
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