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Key oil pipeline in China quake zone suspended: state media
Beijing (AFP) June 10, 2008 The operation of a key oil pipeline in China's quake-hit Sichuan province was suspended Tuesday while authorities drained a dangerous 'quake lake' in the area, company officials said. The pipeline, located 60 kilometres downstream from the Tangjiashan lake, halted operations as drainage work on the body of water was accelerated out of concerns for safety, China National Petroleum Corp (CNPC) officials told Xinhua news agency. The operations were suspended since the water flowing down from the quake lake would put pressure on the Lanzhou-Chengdu-Chongqing pipeline, said pipeline manager, Du Jingshui. But supplies to the area would not be affected since the company had 20 days of reserves on hand, Jiang Humin, sales manager of the company's Sichuan branch, told Xinhua. The company did not say how long the suspension would last. As the only refined oil pipeline to southwestern China, it supplies 70 percent of oil-products used in Sichuan and the neighbouring municipality of Chongqing, the company has said. The pipeline has the capacity to transport more than six million tonnes of oil products a year. The Tangjiashan lake was created when landslides blocked a river in a particularly remote and mountainous area of Sichuan during the May 12 quake. On Tuesday, authorities sped up draining of the lake, later declaring victory after the water fell below the top-alert level without causing any major flooding problems downstream. The May 12 quake was the worst natural disaster to hit China in a generation, killing 69,146 people and leaving 17,516 others missing, according to the latest official toll. Related Links Powering The World in the 21st Century at Energy-Daily.com
Analysis: KRG collecting oil funds
Erbil, Iraq (UPI) Jun 10, 2008 Iraq's Kurdish region has been collecting millions of dollars in signing bonuses for 19 oil deals inked with international oil companies but is waiting for a federal revenue-haring law before turning it over to Baghdad. |
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