(Bloomberg) -- China Gas Holdings Ltd., operator of
61 natural gas projects on the mainland, will build a 1.2 billion
yuan ($157 million) liquefied natural gas plant in southwestern
China to gain from increased demand for cleaner burning fuels.
The plant, in the southwestern city of Dazhou, will have
annual capacity of 500,000 metric tons, or about 700 million
cubic meters of gas, the company said in an e-mailed statement
late yesterday. Its shares rose as much as 11 percent in Hong
Kong on resuming trade today, headed for a record close.
Read more at Bloomberg Emerging Markets News
61 natural gas projects on the mainland, will build a 1.2 billion
yuan ($157 million) liquefied natural gas plant in southwestern
China to gain from increased demand for cleaner burning fuels.
The plant, in the southwestern city of Dazhou, will have
annual capacity of 500,000 metric tons, or about 700 million
cubic meters of gas, the company said in an e-mailed statement
late yesterday. Its shares rose as much as 11 percent in Hong
Kong on resuming trade today, headed for a record close.
Read more at Bloomberg Emerging Markets News
No comments:
Post a Comment