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Overview

China donates 10,000 tons of diesel fuel to North Korea in 2006

Commitment Year•2006Country of Activity•Democratic People's Republic of KoreaSector•Emergency ResponseFlow Type•Grant

Status

Project lifecycle

Completion

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Jan 1, 2006

Stakeholders

Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities

Funding agencies

Government Agencies

  • China Ministry of Commerce

Implementing agencies

Government Agencies

  • Government of North Korea

State-owned companies

  • Sinochem Corporation

Loan description

China donates 10,000 tons of diesel fuel to North Korea in 2006

Narrative

Full Description

Project narrative

In 2006, China pledged to to provide 10,000 tons of diesel fuel to North Korea for emergency relief, the International Economic Cooperation Bureau (IECB) invited bids from Chinese firms. On March 29th, 2006, the Chinese Ministry of Commerce's (MOFCOM) Bid Board held tender discussions with Sinochem Corporation, as they were the only company to submit bidding documents. On September 18th 2006, Sinochem Corporation won the bidding and officially became the implementing agency for the grant. After approval from MOFCOM, Sinochem delivered the diesel oil and was reimbursed under MOFCOM's Department of Foreign Aid budget.

Staff comments

The Chinese title of the project is 援朝鲜1万吨柴油紧急救灾项目.