News & Commentary

Nov 1, 2000

China, hoping to make the most of the
current wave of interest in its rapidly expanding energy sector, is stepping
up a drive to lure overseas investors into upstream oil and gas exploration.

Oct 6, 2000

The largest copper reserve in China was discovered in the Xinjiang Uygur Autonomous Region, according to Jiang Chengsong, vice minister of the Ministry of Land and Natural Resources.

Oct 6, 2000

The Xinjiang Uygur Autonomous Region is striving to become a leading crude
oil production center in China.

Sep 26, 2000

China could use its own funds to build a
4,200-kilometer (2,600-mile) gas pipeline from the western Xinjiang region to the eastern port of Shanghai if no foreign investors come forward, officials said Tuesday.

Aug 15, 2000

Twenty-six enterprises and units have signed a contract in Urumqi, the capital of Northwest China's Xinjiang Uygur Autonomous Region, to set up a cotton industrial development company capitalised at $US72.4 million (600 million yuan).

Mar 28, 2000

Preparatory work for a giant east-west gas
pipeline stretching from the Tarim Basin in Xinjiang to Shanghai has
begun,reported the China Daily on Monday. Official figures show that a total
of 419 billion cubic meters of proven natural gas reserves exist in the vast
Tarim Basin of the Xinjiang Uighur Autonomous Region in northwestern China.

Mar 17, 2000

China aims to complete construction of a
4,200-km (2,625 mile) natural gas pipeline by the end of 2003, ahead of an
original 2007 target, Chinese industry sources said on Friday.
The pipeline begins in the Tarim basin in northwest Xinjiang and runs
through the provinces of Gansu, Ningxia, Shaanxi, Shanxi, Henan, Anhui,
Jiangxu to Shanghai.

Aug 13, 1999

KORLA, China - China National Petroleum Corp (CNPC) is pinning its hopes on the shifting sands of the Tarim Basin for future growth and officials hope a forthcoming stock offer could fund its development.

May 4, 1999

China is granting export subsidies on cotton from Xinjiang Autonomous Region and offering foreign textile mills in China export tax rebates for using Xinjiang cotton, said the U.S. Agriculture Department.

Apr 26, 1999

URUMQI - China has dug 527 oil wells each at a depth of more than 4,500
metres at the Tarim Basin in Northwest China's Xinjiang Uygur Autonomous


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