Anshan Panva Gas Company
Active · Liaoning
Source: World Bank Group
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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Project Information
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 |
More Details
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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