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Investor Considerations CHNG Powerpoint - March 2008
  • Chinese government supports the use of natural gas as an alternative fuel;
  • FDI in central and western China was up 7% in 2003 (last government reported figure);
  • Demand for CNG as a vehicular fuel will continue to increase due to economic factors and government policies to clean the environment;
  • Xi'an currently has approximately 50,000 CNG vehicles.PRC government statistics indicate that there are currently 5,000 buses and 20,000 taxis using CNG in Xi'an.Each bus uses an average of 70 cubic meters of CHG per day and taxis use an average of 30 cubic meters of CNG per day(source: Xi'an Clean Fuel Vehicles Commission 2005).
    >>LNG Project Groundbreaking Ceremony >>Asia Largest NG Refinery closeby our LNG site
    >>Lined up taxies waiting for CNG filing >>Buses filing up CNG
    >>Our Tank Truch Fleet >>CNG processing facility

     

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