CPEC(SH:600339) Zheng Quan Shi Bao Wang·2025-11-11 09:25Core Viewpoint - China National Petroleum Engineering Company (CPE) has received a project award for the Kazakhstan Ethane-Propane Pipeline EPC project, which is expected to positively impact its revenue and profit over the next 3-4 years [1] Group 1: Project Details - The project involves the construction of a 211.17 km ethane pipeline and a 218.7 km propane pipeline [1] - The awarded contract amount is approximately $424 million (around 3 billion RMB) [1] - The planned construction period is 36 months from the issuance of the notice to proceed [1] Group 2: Strategic Implications - Successful implementation of the project will help the company consolidate and expand its oil and gas transportation engineering business in Kazakhstan and Central Asia [1] - The project is expected to have a positive impact on the company's operating income and total profit in the coming years [1]