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Empresas y finanzas

Total's unit submits environmental report for China gas project


    BEIJING (Reuters) - A unit of French oil major Total SA has submitted an environmental influence report for its 29.8 billion yuan ($4.6 billion) gas project to the Chinese government for approval.

    China's Ministry of Environmental Protection has received the report by Total E&P Chine for the Sulige South gas project in the northern Inner Mongolia region, according to a post published on the ministry's website (www.mep.gov.cn).

    Total and top Chinese oil producer CNPC, parent of PetroChina, signed a Production Sharing Contract (PSC) in 2006 for the evaluation, development and production of the Sulige South gas block that covers 2,390 square kilometers.

    Total E&P Chine (TEPC), a Total unit set up in 2006 to implement the Sulige project, already submitted an overall development plan for the project to CNPC in 2009.

    ($1 = 6.505 yuan)

    (Reporting by Judy Hua and Tom Miles; Editing by Jacqueline Wong)