BEIJING
China National Petroleum Corporation (CNPC) stated on Monday that the pipeline, which would serve for 500 million people, cost 22.5 billion USD.
CNPC said that the 8,704-kilometer pipeline would carry natural gas from central Asia to as far as Shanghai in east China and Guangzhou and Hong Kong in south China.
The pipeline worth 142.2 billion yuan (over 22 billion USD) traverses 15 provincial regions and will serve more than 500 million people, stated CNPC.
The pipeline's annual natural gas transportation capacity is 30 billion cubic meters.