This article needs to be updated.(February 2022) |
Company type | Public |
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OTCQB: CHNG | |
Industry | Oil and Gas |
Founded | December 2005 |
Headquarters | Xi'an, China |
Key people | Mr. Ji Qinan (CEO) |
Products | Natural gas |
Revenue | $21 million (Q2 2009) |
$4 million (Q2 2009) | |
Number of employees | 710 (2009) |
Website | www.naturalgaschina.com [usurped] |
China Natural Gas | |||||||
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Simplified Chinese | 西蓝天然气股份有限公司 | ||||||
Traditional Chinese | 西藍天然氣股份有限公司 | ||||||
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China Natural Gas Inc. is a Chinese energy company that,through its subsidiaries,is engaged in the distribution and sale of natural gas and gasoline to commercial,residential and industrial customers in the Xi'an area and the Shaanxi province of the People's Republic of China.
The company also engages in the construction of pipeline networks. It offers natural gas through a network of approximately 120 kilometers of high pressure pipelines and sells compressed natural gas as vehicular fuel through a network of filling stations in Shaanxi and Henan provinces. [1]
China Natural Gas is the first Chinese natural gas retailing company to be publicly traded in the United States. [2]
The company is building a local government supported liquefied natural gas processing and distribution plant in Jingbian,Shaanxi province,which was scheduled to be completed in December 2009. [3]
Liquefied natural gas (LNG) is natural gas (predominantly methane,CH4,with some mixture of ethane,C2H6) that has been cooled down to liquid form for ease and safety of non-pressurized storage or transport. It takes up about 1/600th the volume of natural gas in the gaseous state at standard conditions for temperature and pressure.
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