24 April 2019

China Gas mulls entry into urban heating business, paper says

China Gas Holdings Ltd. (00384.HK) is looking at emerging as a heat supplier in 2016, Hong Kong Economic Times reported Monday, citing the company’s chief financial officer Eric Leung. The move may push up the firm’s gas sales by 10 billion cubic meters to a total of 30 to 40 billion cubic meters in 2020, Leung said. Meanwhile, the company will start providing next year liquefied natural gas for ships along the Yangtze River waterway, the report said.

– Contact HKEJ at [email protected]



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