24 January 2013 08:23 [Source: ICIS news]
SINGAPORE (ICIS)--China’s Tianjin Yali Industrial Gas plans to expand its business scope in liquefied natural gas (LNG) by increasing investments in liquefaction facilities, LNG logistics and LNG utilisation as vehicle fuel, a company source said on Thursday.
The company is building a 160,000 tonne/year gas liquefaction plant in Tianjin municipality, the source said.
The plant will mainly process natural gas supplied by PetroChina and is expected to come on stream in the second half of 2013, added the source.
Tianjin Yali currently owns more than 100 tank trucks for the transportation of LNG and compressed natural gas, and is planning to buy 200-300 units in the future, with most of them for LNG delivery, the source said.
The company has signed a contract with a LNG producer based in Inner Mongolia on providing 60 LNG tank trucks.
The company will also establish its own 4S (Sales, Service, Spare parts and Surveys) shop to sell LNG-fuelled heavy trucks manufactured by Shaanxi Automobile Group, so as to drive LNG’s use in the car industry, the source said.
Tianjin Yali Industrial Gas is largely engaged in the production, transportation and sales of compressed natural gas, and the construction of gas-filling stations.
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