21 March 2012 07:08 [Source: ICIS news]
SINGAPORE (ICIS)--China’s Zanyang CBM is planning to start up a 20,000 tonne/year liquefied natural gas (LNG) project at Jinzhong in Shanxi province in August, a company source said on Wednesday.
The plant will liquefy coal-bed methane (CBM), according to the source.
LNG output from the yuan (CNY) 120m ($19m) project will be sold nationwide, the source said, adding that “we are planning to work with logistics companies on LNG truck delivery”.
“Feedstock CBM will be mainly supplied by Yangquan Coal Industry [Group] in Shanxi,” the source said. “We are also considering building a 50,000 tonne/year CBM-fed LNG plant at Jinzhong, with no specific timeframe yet”.
Zanyang CBM is a Shanxi-based supplier of CBM.
($1 = CNY6.32)
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