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  • October 26, 2014
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  1. Business - China Business - ENERGY

    Jiangnan to fund production line expansion with HK$620m placement

    Posted Sep 12th 2014, 09:32am by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com Jiangnan Group, a manufacturer of wires and cables used for power transmission, distribution systems and electrical equipment, announced Friday it would raise HK$620 million in a share placement to expand production lines. Chairman Rui Fubin, his son Rui Yiping and his son-in-law Chu Hui currently control 60.34 per cent of the group. In a filing ...

  2. Business - Commodities - ENERGY

    China sets range for coal resource tax of 2-10 per cent

    Posted Oct 13th 2014, 04:13am by Reuters

    ... within the above mentioned range," the Ministry of Finance said in a statement posted to its website. The range is in line with expectations, based on previous reports in Chinese media. ...

  3. Business - Commodities - ENERGY

    Beijing raises natural gas prices by 16pc

    Posted Aug 12th 2014, 04:59pm by Eric Ng

    ... Eric Ng eric.mpng@scmp.com The central government has raised the mainland’s average non-residential natural gas prices by around 16 per cent, in line with analysts’ expectations ... that by next year, prices will be largely in line with overseas free market prices. By raising gas prices, it encourages producers to produce more gas for end users Simon Powell, CLSA Previously, gas ...

  4. News - Hong Kong - ENERGY

    Bottom line is missing in fuel debate

    Posted Mar 21st 2014, 04:28am by CHI-FAI CHEUNG

    ... Cheung Chi-fai chifai.cheung@scmp.com Government sources say there were too many unknowns to make even a rough forecast on costs in its electricity consultation paper Bottom line is missing in fuel debate The new energy consultation paper raises more questions than answers, disappointing many who had expected officials to explain the impacts of the two proposed options put ...

  5. Business - Commodities - ENERGY

    Timely Russian gas deliveries to China look far from certain

    Posted Jun 30th 2014, 01:40am by Eric Ng

    ... to full capacity would take five years. This cautious view is in line with that of the Oxford Institute for Energy Studies, which is affiliated with Britain's University of Oxford. ...

  6. News - Hong Kong - ENERGY

    Hong Kong business groups give thumbs down to electricity imports from mainland

    Posted Jun 17th 2014, 11:38pm by Cheung Chi Fai

    ... They believed a possible alternative was to increase nuclear energy imports via a dedicated transmission line. HK Electric managing director Wan Chi-tin reiterated the company's preference ...

  7. News - Hong Kong - ENERGY

    Hong Kong split over whether to import more power from mainland China

    Posted Jun 18th 2014, 02:54am by CHEUNG CHI-FAI

    ... by faults in the local distribution networks, rather than the backbone transmission lines from which Hong Kong would draw power," he said. The idea of importing power is not new to Hong Kong. ... in the city, pays the mainland about HK$5 billion for about 10 billion kilowatt-hours, which is supplied through a dedicated transmission line controlled by Hong Kong. The company charges its customers ...

  8. Business - Commodities - ENERGY

    China Resources Gas counts on Russia deal boost

    Posted May 31st 2014, 12:59am by Sophie Yu

    ... China Resources Gas has one of its largest projects, would grow 10 per cent this year. This was "basically in line with the overall growth in China", he said. The company did not give a sales target for this year, but earlier said it expected existing projects to see growth in line with national gas demand growth of 15 per cent. China Resources Gas shares fell 2 per cent ...

  9. Business - China Business - ENERGY

    State Grid to invite private capital to build electric-car charging stations

    Posted May 28th 2014, 01:00am by Kwong Man-ki

    ... enterprises reform. "This is in line with the government's stance to break state-owned monopolies." Zhao Xijun, a finance professor at Renmin University in Beijing, said the government ...

  10. Business - Commodities - ENERGY

    Fok slams power import proposal

    Posted May 16th 2014, 01:05am by Eric Ng

    ... to Kowloon and the New Territories, is not adverse to the import option and suggests dedicated power lines be built to ensure supply reliability. It is a partner of Southern Grid, which part-owns ...




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