CNOOC Puts RMB8.4 Billion in Hainan

摘要

CNOOC (China National Offshore Oil Corp.) has recently signed an agreement in Haikou with Hainan State As-sets Management Commission,Hainan Development Holding Co.,Ltd.and Hainan Provincial Government on the project of Basuo Port assets reformation,the project of Yangpu Power Plant equity transfer and the project of Hainan LNG (liquefied natural gas) receiving stations,transmission lines arid power plants.The total investment of the 3 projects amounts to RMB8.4 billion.