China Print Power Acquires Liaoning Gas Business

China Print Power Group said that it has entered into a sales and purchase agreement to acquire approximately 90% interest in a natural gas provision project in Liaoning province, at a total consideration of approximately HK$515 million.

According to the agreement, the company will acquire exclusive franchise to supply natural gas, including liquefied natural gas (LNG) and compressed natural gas (CNG), to the Xihu District of Benxi City in Liaoning province for a term of 30 years, commencing on 30 March 2012.

In addition, to further expand and strengthen its natural gas operations, the company has continued developing the construction projects in Benxi city of the following:

  • Natural gas pipelines within the commercial and industrial area of DFH Industrial Park, including a natural gas station and relevant facilities with an annual capacity of 150 million cubic meters;
  • 1 LNG/CNG main station and 5 LNG/CNG satellite stations;
  • 1 LNG/CNG station for trucks and buses in Huolianzhai;
  • Natural gas supply facilities provision to 52,500 households.
Press Release, May 7, 2014

Share this article

Follow LNG World News

Events>

<< Sep 2019 >>
MTWTFSS
26 27 28 29 30 31 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 1 2 3 4 5 6

6th Mozambique Gas Summit & Exhibit

This year’s edition will have a revamped programme for attendees.

read more >

Offshore Energy Exhibition and Conference 2019

The three-day event includes an exhibition where an expected 600+ supply chain companies will showcase their products and services.

read more >

LNGgc London

LNGgc is a fantastic way of raising attendees’ company profile within this market and creating greater awareness of their brand…

read more >

5th CWC China LNG & Gas International Summit & Exhibition

5th CWC China LNG & Gas International Summit & Exhibition will return 16 – 17 October 2019, bringing together the key players…

read more >