Sinopec Engineering (600339.SH) subsidiary consortium wins bid for approximately 3.03 billion yuan Kazakhstan ethane propane project.

Intelligent Financial News APP, China Oil Engineering (600339.SH) announced that recently, a consortium composed of the company's wholly-owned subsidiary China Petroleum Pipeline Bureau Engineering Co., Ltd. (referred to as "Pipeline Bureau Engineering Company") and its wholly-owned subsidiary CPPE (Kazakhstan) Ltd. and China Construction Limited Liability Company have received the award letter from Kazakhstan National Oil and Gas Chemical Company for the EPC project of the Kazakhstan Atyrau Province single corridor ethane and propane main pipeline (referred to as the "Kazakhstan Ethane Propane Project"). The main scope of work includes the construction of 211.17 kilometers of ethane pipeline and 218.7 kilometers of propane pipeline, with a total award amount of 424 million US dollars (approximately 3.003 billion RMB). The planned construction period for the project to reach the pre-acceptance conditions is 36 months from the date of issuance of the commencement notice.