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Panva Gas (Yunnan) Co., Ltd.

Sector: Natural Gas • Location: China

Source: World Bank Group

Project
Active

In September 2001 Panriver Investment, a subsidiary of Hong Kong based Panva Gas Holding Ltd, acquired 56.94% in Kunming Gas Company from Kunming City, Yunnan Province with the remaining interest owned by Kunming Gas Company. 22.94% and Yunnan State-owned Enterprises Co., Ltd. 20.12%. The total investment was RMB 80 million (US$ 9.66 million).

Business scope includes production, machining, sto

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The project “Panva Gas (Yunnan) Co., Ltd.” 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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Description

Description

In September 2001 Panriver Investment, a subsidiary of Hong Kong based Panva Gas Holding Ltd, acquired 56.94% in Kunming Gas Company from Kunming City, Yunnan Province with the remaining interest owned by Kunming Gas Company. 22.94% and Yunnan State-owned Enterprises Co., Ltd. 20.12%. The total investment was RMB 80 million (US$ 9.66 million). Business scope includes production, machining, storage and transportation of LPG; operation of automobile LPG filling station; the production, sales, installation, and maintenance of LPG appliances and related products; construction and operation of sub-area LPG pipeline; the production and sales of other petrochemicals. The project company Panva Gas (Yunnan) Co., Ltd. was granted a 50 year concession to operate pipe natural gas pipe business in Kunming City, Yunnan Province. 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.

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High

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