国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

   

Energy investment beats projections

(Xinhua)
Updated: 2007-02-20 08:47

China's centrally-administered petroleum and petrochemical state-owned enterprises (SOEs) invested 395.58 billion yuan (about 52.05 billion U.S. dollars) last year, overtaking the projected figure by 18.8 percent.

Another 431.2 billion yuan (about 56.74 billion U.S. dollars) was invested by electric power enterprises, up 2.7 percent from the planned figure, statistics from the State-owned Assets Supervision and Administration Commission (SASAC) show.

These investments amounted to 63.6 percent of the total 1.3 trillion yuan (about 171 billion U.S. dollars) invested by the country's 159 centrally-administered SOEs.

Sources with the SASAC attributed the higher-than-expected investment in petroleum and petrochemical industries to overseas mergers and acquisitions for oil and gas resources and increased spending on oil and gas exploitation.

The Sinopec, for instance, forked out nine billion yuan more for its overseas projects.

The China National Petroleum Corporation was reported to have spent 24 billion yuan (3.16 billion U.S. dollars) more on oil exploitation alone.

Last year, the newly added petroleum reserve by centrally-administered SOEs was 803 million tons while that of natural gas stood around 517.6 billion cubic meters, said the SASAC.

The administration also noted that most of the investment by electric SOEs went to power grid building and power generation.

China's five largest electric power groups, Huaneng, Huadian, Longyuan, China Power Investment and Datang hold a combined installed capacity of 243.54 billion kilowatts, accounting for 39.1 percent of the country's total, up 3.1 percentage points from 2005, it said.

Sources with the SASAC said that these investments were quite necessary. Besides, the structure of China's energy industry improved obviously as more and more power generating SOEs turned to investing in new energy such as nuclear, wind and solar power to reduce coal consumption.


(For more biz stories, please visit Industry Updates)



邛崃市| 禹城市| 常宁市| 桑植县| 许昌市| 长泰县| 福清市| 乌兰察布市| 汉寿县| 嘉祥县| 青岛市| 额济纳旗| 珲春市| 乌海市| 台南县| 浦县| 杭州市| 房山区| 陆川县| 吉林市| 福贡县| 霍邱县| 大姚县| 海宁市| 大方县| 泰顺县| 安塞县| 黑龙江省| 水富县| 乌兰察布市| 荃湾区| 尤溪县| 中卫市| 克东县| 自贡市| 游戏| 浙江省| 江津市| 永登县| 高平市| 黄浦区|