China's largest oil and gas producer PetroChina (PTR.NYSE; 00857.HK; 601857.SH) recently held a meeting marking official acceptance of Mohe-Daqing crude oil pipeline, said a release by the China National Petroleum Corporation on Monday.
With length of 1,000 kilometers, Skovorodino-Mohe-Daqing crude oil pipeline was put into operation on January 1, 2011. PeotrChina started an expansion project to expand the handling capacity of the pipeline from 20 million tonnes to 22 million tonnes in September 2013. A parallel crude oil pipeline along Mohe-Daqing crude oil pipeline also would be build to enhance crude oil imports from Russia to China.
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