China Petroleum Engineering (SHA:600339) subsidiary CPP won the bid for the liquefied natural gas pipeline project in the UAE from Abu Dhabi National Oil subsidiary ADNOC Gas, according to a Saturday filing with the Shanghai bourse.
The construction of the pipeline from the HABSHAN oil field to the RUWAIS Industrial Zone includes a suction pipeline with a length of about 26 kilometers and a high-pressure output pipeline with a length of about 155 kilometers.
The contract is valued at about 3.761 billion yuan.
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