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  • September 23, 2014
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  1. China Gas goes upstream with holding in producer

    Posted Jun 05th 2006, 12:00am by Denise Tsang

    ... Denise Tsang Mainland supply increasingly tight due to rapid demand and robust growth Piped-gas supplier China Gas Holdings has branched out to upstream exploration by paying 62.16 million ... stake previously held by cash-strapped A-share company Zarva Technology (Group) in an auction. China Gas, which switched to supplying gas supply from retailing apparel about three years ago, ...

  2. China Gas to supply piped gas to Dalian through billion-yuan joint venture

    Posted Jun 07th 2006, 12:00am by Denise Tsang

    ... of China Gas Holdings, shake hands after China Gas signed a 750 million yuan deal to supply clean fuel to Dalian. The company and the municipal government agreed yesterday to form a joint venture ... nearly doubles China Gas' customer base to 1.4 million, said Mr Liu. 'It is a profitable utility, otherwise we wouldn't have invested in it,' he said. The assets ...

  3. China won't be replicating the US shale gas bonanza

    Posted Jun 05th 2012, 12:00am

    ... Tom Holland There is a huge amount of excitement over the potential of shale gas deposits to transform China's energy market over the next 10 years. Unfortunately it is misplaced. China's hopes are pinned on the belief it can replicate the boom in shale gas production that the United States has enjoyed. Since 2005, US shale gas production has exploded from next to nothing ...

  4. ENN 'can boost China Gas profit'

    Posted Mar 07th 2012, 12:00am

    ... 'opportunistic' and failing to reflect its long-term value. Sinopec, which owns 4.79 per cent of China Gas, holds 45 per cent of the consortium and ENN has the rest. Wang said Beijing was not yet involved ... for rival China Gas, says profit can be boosted by 30 per cent if its merger succeeds. Wang Yusuo, the chairman of the piped-gas distributor ENN, said this would be possible through improving ...

  5. China Gas invests in Qingdao

    Posted Dec 21st 2006, 12:00am by Denise Tsang

    ... Denise Tsang China Gas Holdings has agreed to acquire 51 per cent of a gas project in Qingdao in a 305 million yuan deal that will allow it to tap further into the gas-hungry northeast. ... gas in the city until 2035. A Qingdao government investment unit will hold the remaining stake. The deal came with Qingdao Taineng's 50 million yuan debts and a 6,000km gas pipeline ...

  6. China Gas commits to LNG project in Hebei

    Posted May 02nd 2007, 12:00am by Denise Tsang

    ... Denise Tsang Piped-gas supplier China Gas Holdings has committed to a two billion yuan project in Handan, Hebei, manufacturing equipment to store and transport liquefied natural gas (LNG) ... officer Eric Leung yesterday said that details of the deal could not be verified until after the holidays. While its bigger rivals such as Hong Kong and China Gas and Xinao Gas Holdings climbed ...

  7. China Gas explores for coalbed methane in Inner Mongolia

    Posted Sep 20th 2007, 12:00am by Denise Tsang

    ... Denise Tsang China Gas Holdings, which supplies piped gas to 58 mainland cities, will explore for coalbed gas in Wushenqi, Inner Mongolia, as it moves to ensure a stable supply ... and output figures are subject to further negotiations. China Gas shares were suspended from trading yesterday pending a statement about the deal. The stock was last traded at HK$3.52 per share ...

  8. China Gas outbids rivals to win Nanjing project

    Posted Jan 21st 2005, 12:00am by Denise Tsang

    ... Denise Tsang China Gas Holdings, a fashion retailer turned gas service supplier, has beaten off opposition from 10 rivals for a 30-year franchise to supply piped-gas in Nanjing. Among those it outbid were blue-chip utility Hong Kong and China Gas (Towngas) and mainland piped-gas firm Xinao Gas Holdings to supply natural gas to the northern part of Nanjing, the thriving ...

  9. PetroChina leads search for gas

    Posted Oct 15th 2007, 12:00am by Eric Ng

    ... Eric Ng An agreement signed last month by PetroChina to buy liquefied natural gas (LNG) from Australia has the market guessing whether the mainland is ready to pay higher international prices for imported gas to underpin plans to develop multiple gas import terminals. PetroChina last month said it signed a framework deal to buy two to three million tonnes of LNG a year from ...

  10. Xiaoshan franchise boosts China Gas

    Posted Apr 02nd 2005, 12:00am by Denise Tsang

    ... Denise Tsang Shares in China Gas Holdings jumped 2 per cent, or three cents, to $1.46 yesterday on news that the company has won a franchise to supply natural gas in Xiaoshan, Zhejiang province. The 300 million yuan deal will allow the company to tap into the buoyant Hangzhou region of the Yangtze River Delta. China Gas will set up a company with a registered capital of 100 ...




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