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Lezhi Panva Gas Company

Sector: Natural Gas • Location: China

Source: World Bank Group

Project
Active

In December 2003, Panriver Investment, a subsidiary of Hong Kong based Panva Gas Holding Ltd, acquired 100% of Sichuan Lezhi Gas Company for US$1.79 million (RMB 14.8 million) from the local government of Lezhi county, Sichuan province. As part of the acquisition, Sichuan Lezhi Gas Company changed its name to Lezhi Panva Gas Company and was granted a 50 year exclusive concession to develop and ope

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

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active

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Description

Description

In December 2003, Panriver Investment, a subsidiary of Hong Kong based Panva Gas Holding Ltd, acquired 100% of Sichuan Lezhi Gas Company for US$1.79 million (RMB 14.8 million) from the local government of Lezhi county, Sichuan province. As part of the acquisition, Sichuan Lezhi Gas Company changed its name to Lezhi Panva Gas Company and was granted a 50 year exclusive concession to develop and operate the natural gas network in Lezhi county. The county had an area of 1,425 squared kilometers and a population of 869,000. At the time of the transfer, the company had 90.8 km of pipelines. 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. None None

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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