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Zhaoqing City LPG and LNG Project

Sector: Natural Gas • Location: China

Source: World Bank Group

Project
Active

In February 2008, Xinao Gas Holdings Ltd. was granted an agreement to build and operate piped distribution of LPG and LNG in Zhaoqing City, Guangdong Province after a competitive bidding process. XinAo owns 100% of the project and will operate the facility for 30 years. The total investment was RMB 450 million (US$ 64.38 million). According to .

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The project “Zhaoqing City LPG and LNG Project” 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 February 2008, Xinao Gas Holdings Ltd. was granted an agreement to build and operate piped distribution of LPG and LNG in Zhaoqing City, Guangdong Province after a competitive bidding process. XinAo owns 100% of the project and will operate the facility for 30 years. The total investment was RMB 450 million (US$ 64.38 million). According to http://www.xinaogas.com/profile/release/news/file347.html, financial closing of this project should have been achieved, but exact date cannot be identified.

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