09 November 2012 09:58 [Source: ICIS news]
SINGAPORE (ICIS)--China’s Guanghui Energy is expected to start up a 1.5m cubic metre (cbm)/day gas liquefaction plant at Jeminay County in Xinjiang in the first quarter of 2013, a company source said on Friday.
The company has completed construction of the plant and is building the final section of the gas pipeline for delivering natural gas from Kazakhstan to the plant, the company said in an announcement on its website on 9 November.
The yuan (CNY) 648m ($104m) project is equipped with three 100,000cbm storage tanks, the source said.
Liquefied natural gas (LNG) outputs will be mainly sold in the Chinese market via truck delivery, the source added.
Xinjiang-based Guanghui Energy is widely engaged in coal distribution, and investment in projects of LNG, petroleum, natural gas, coal, coal-based chemicals, clean energy vehicles and fuel stations.
($1 = CNY6.26)
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