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March 31, 2015 11:33 PM ET

Construction and Engineering

Company Overview of China Petroleum Pipeline Bureau

Company Overview

China Petroleum Pipeline Bureau engages in the designing, construction, and management of long-distance petroleum and gas pipelines across china. The company is based in Hebei, China. China Petroleum Pipeline Bureau operates as a subsidiary of China Oil and Gas Pipeline Bureau.

No.158, Aimin East Road

Langfang

Hebei,  065000

China

Phone:

86 31 6217 2531

Key Executives for China Petroleum Pipeline Bureau

China Petroleum Pipeline Bureau does not have any Key Executives recorded.

China Petroleum Pipeline Bureau Key Developments

China Petroleum Pipeline and North America Western Asia Holdings Enters into Partnership to Pursue Energy Sector Projects in Iran

China Petroleum Pipeline (CPP) and North America Western Asia Holdings (Nawah) have entered into a partnership agreement to pursue the projected $48 million worth business opportunities arising in Irans energy sector. The agreement was signed during a formal event at the CPP's global headquarters in China. Under the agreement, CPP and Nawah will help accelerate development of new pipelines, refineries and export facilities.

China Petroleum Pipeline Bureau Signs Natural Gas Pipeline Contract with Shell

China Petroleum Pipeline Bureau (CPP) signed a purchase & construction agreement with the upstream international business division of Shell for Iraq over Iraq's FCP natural gas transmission pipeline engineering project in Dubai.

Brightoil Zhoushan Storage Engages China Petroleum Pipeline Bureau to Carry Out the Construction Works for Oil Storage Facilities

Brightoil Zhoushan Storage engaged China Petroleum Pipeline Bureau to carry out the construction works for oil storage facilities with storage capacity of approximately 1.94 million cubic metres for fuel oil, petroleum, diesel fuel, jet fuel and chemical products, on Southern Island, Waidiao Island, Cengang Town, Zhoushan City, Zhejiang Province, the PRC. The construction works also include construction works for electricity supplies, utility supplies, sewage treatment system, heat insulation system, road and other ancillary works, auxiliary production and administration management facilities etc. The Construction Work shall commence within 15 days upon the signing of the Construction Contract and be completed by the last day of the sixteenth calendar month following the month in which the Construction Work commenced. The contract price is RMB 1.32 billion (equivalent to approximately HKD 1.68 billion), which includes but is not limited to wages, costs of raw materials, costs of machinery, management fees etc. If the Construction Period is delayed, China Petroleum Pipeline Bureau shall pay Brightoil Zhoushan Storage RMB 1 million per day as penalty with a maximum penalty equivalent to 5% of the Contract Price. If the Construction Work is completed in advance, Brightoil Zhoushan Storage shall pay China Petroleum Pipeline Bureau RMB 1 million per day as reward with a maximum reward equivalent to 5% of the contract price.

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