11 July 2013 10:23 [Source: ICIS news]
Singapore (ICIS)--China’s Xinjiang Lihua Lvyuan New Energy plans to start up a 500,000 cubic metre (cbm)/day gas liquefaction plant at Tiemenguan in Xinjiang Uygur autonomous region in October 2013, a company source said on Thursday.
The yuan (CNY) 350m ($57.1m) plant will mainly process natural gas supplied from oil and gasfields in Xinjiang and will be equipped with a 5,000cbm storage tank, the source said.
The company also plans to invest CNY200m in building a second-phase project at the same site, bringing the total liquefaction capacity to 1m cubic metres/day.
Liquefied natural gas (LNG) outputs will be mainly supplied to LNG-refuelling stations nearby and industrial users, with some of them being saved for residential consumption, the source said.
The company plans to build 20 refuelling stations for LNG and compressed natural gas (CNG), added the source.
Xinjiang Lihua Lvyuan New Energy specialises in green industries such as natural gas and new energies.
($1 = CNY6.13)
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