30 May 2012 07:28 [Source: ICIS news]
SINGAPORE (ICIS)--Chinese firm Ningxia Hanas New Energy plans to start commercial supply of liquefied natural gas (LNG) on 1 June from its 2,011 tonne/day plant at ?xml:namespace>
The company has been conducting trial runs at
Feedstock gas is supplied by PetroChina from the Sebei Gasfield, the Changqing Oilfield and through the second West-East Gas Pipeline, the source added.
The price is yuan (CNY) 3,880/tonne ($612/tonne) EXW (ex-works), the source said. However, the company offers “a discounted price at CNY3,830/tonne [EXW] if the client uses our truck delivery service”, the source added.
The company has bought 200 trucks, with 60 in service now, the source said.
Ningxia Hanas New Energy is largely engaged in LNG production, gas-fired cogeneration projects of heating and power, and city gas networks.
($1 = CNY6.34)
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections