Latest updates on the entrusted transportation contract for Zhejiang Energy’s coal-to-gas project in Xinjiang

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Latest Progress on the Contract for the Transport of Coal-to-Gas Project in Xinjiang by Zhejiang Energy Author/Source: Date: 2016-03-04 Clicks: 20 On the 26th, led by Zhejiang Energy Gas Company, representatives from Zhejiang Natural Gas Company and Zhejiang Energy Operation Company went to Shanghai PetroChina East Gas Transmission Eastern Pipeline Co., Ltd. (hereinafter referred to as Eastern Pipeline Company) to hold the third round of negotiations regarding the contract for the coal-to-gas project in Xinjiang. Following numerous thorough exchanges and discussions between the two parties prior to the New Year, a fairly comprehensive understanding of the matters related to entrusted transportation has been reached. The focus of this meeting was to go through each clause of the \"Contract for Entrusted Transportation of Coal-to-Natural Gas\" in detail and address any questions regarding them. Remaining issues regarding the contract text and daily operations need to be resolved through communication between the two parties within the agreed time frame. These negotiations have taken a substantial step forward in the signing of the contract, and the responsible officials from both sides will maintain close contact to ensure the final signing of the contract.