GE Gets 300Mln Contract for China Gas Pipelines

GE Gets 300Mln Contract for China Gas Pipelines
Mar 24, 2009 - Huocheng, Xinjiang Uygur, China - General Electric received a USD 300 million contract from China to supply turbines and compression gear that will propel natural gas from the nations remote north-western regions to booming eastern cities such as Shanghai. The agreement marks the latest win for an energy-infrastructure business that has continued to flourish even as the brutal economic downturn threatens to crimp profit at many of GEs industrial, financial and media divisions. PICTURED: Chinese workers lay a pipeline at a construction site of the second route for the West-to-East Natural Gas Transmission Pipeline project in Huocheng county, Ili Kazakh Autonomous Prefecture, Xinjiang Uygur Autonomous Region, 26 August 2008

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