Up to 2020, PetroChina will spend 10 billion yuan developing new
energy sources, the company's vice president announced at an
international forum.
Hu Wenrui, vice president of PetroChina, said that the company
will speed up the development of new energy sources, such as
hydraulic liquid, oil-gas, coal-bed methane, ethanol fuels,
biological diesel oil and geothermal resources.
Hu said that PetroChina has acquired development rights for 3
trillion cubic meters of coal-bed methane. An advanced coal-bed
methane lab has been set up. The largest- coal-bed methane
treatment plant in China is currently under construction. By 2008,
China's first coal-bed methane field is expected to begin
operation.
For more details, please read the full story in Chinese. (
http://www.cnstock.com/newcjzh/06cjdt/2007-09/18/content_2564404.htm)
(China.org.cn September 18, 2007)
