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BIZCHINA> China Gas
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CNOOC, Datong to build coal-to-gas plants
(Gaschina.com.cn)
Updated: 2009-05-22 17:11
A unit of China National Offshore Oil Corp plans to build plants to turn coal into natural gas, oil products and other chemical products, in partnership with Datong Coal Mine Group, the Datong city government said on Monday. Through the project, the firms aim to produce 4 billion cubic meters of coal-based natural gas a year, in addition to diesel, gasoline and other chemical products, a statement on the city’s government website said. The total investment in the project, to be located in Datong, China's "coal capital", is estimated at 30 billion yuan ($4.39 billion), according to the statement. But it did not give details, including a timeframe for construction or any shareholding in the project... The full text is available in the May Issue of China Gas. Please visit publications for more subscription details. (For more biz stories, please visit Industries)
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