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Anshan Panva Gas Company

Active · Liaoning

Source: World Bank Group

Project
Active

In March 2005, Panriver Investment, a subsidiary of Hong Kong based Panva Gas Holding Ltd, acquired 81% of Anshan City Gas Company for US$13.35 million (RMB 111.96 million) from Anshan City Public Utilities Management Bureau. With that transaction, Anshan City Gas Company became a sino-foreign joint venture and its name was changed to Anshan Pava Gas Company. The company was granted a 30 year conc

Status
Prospective
Sector
Commercial, Natural Gas, Manufacturing (Industrial), Oil and Gas, Power Transmission, Steel, Government, Metal, Power Generation (CCGT)
Location
Liaoning, China
Updated
22 Jul 2026
Source
World Bank Group

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The project “Anshan Panva Gas Company” is an infrastructure initiative in the Commercial sector, located in Liaoning, China. Taiyo aggregates data on it from World Bank Group.

Participants

Sponsoring Agency

Status

Original status

Active

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

In March 2005, Panriver Investment, a subsidiary of Hong Kong based Panva Gas Holding Ltd, acquired 81% of Anshan City Gas Company for US$13.35 million (RMB 111.96 million) from Anshan City Public Utilities Management Bureau. With that transaction, Anshan City Gas Company became a sino-foreign joint venture and its name was changed to Anshan Pava Gas Company. The company was granted a 30 year concession to operate, expand, and manage the piped gas network of Anshan city, which had an area of 9,525 square kilometers and a population of 3.4 million comprising 890,000 households. The city was an industrial one whose primary activity was steel production. Before the transaction, Anshan City Gas Company was 100% owned by Anshan City Bureau. Anshan Pava Gas Company was established with a registered capital of US$16.70 million (RBM 138.22 million). The initial agreement was signed in December 2004. Hong Kong based Panva Gas Holding Ltd was a publicly traded company in the Hong Kong stock exchange and was principally focused on commercialization of natural gas and liquefied petroleum in China mainland.

Original sector

Energy

Procurement method

Budget

Location

Country

China

State

Liaoning

Source

Source reliability

High

Source

World Bank Group

URL

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Record type

Project

Sector

Commercial, Natural Gas, Manufacturing (Industrial), Oil and Gas, Power Transmission, Steel, Government, Metal, Power Generation (CCGT)

Article published date

2023-02-20

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