SPOILER ALERT!
Chinese power large Huaneng launches coal conversion job in Xinjiang
Leading Chinese power company Huaneng claimed Tuesday it has actually released a 26 billion yuan (3.8 billion UNITED STATE dollars) synthetic gas (SNG) project in northwest China's Xinjiang Uygur Autonomous Region to enhance power exploration and also manufacturing there.
The SNG project based in Qitai Region of Xinjiang will certainly turn coal from the Dajing mining area in the East Junggar coalfields right into gas which will be carried to energy-hungry regions outside of Xinjiang, China Huaneng Group said.
The first stage of the project's construction will certainly be finished by 2013 and also it will certainly have a yearly gas output of 4 billion cubic meters, said a company source.
The gas sales will certainly create 7 billion yuan in annual revenue and 2.5 billion yuan in yearly profits and taxes, the firm stated.
chelating agent in food , replacement head of state of China Huaneng Group, said the SNG job, the biggest of the kind in the area, will certainly be environmentally-friendly as well as energy-conserving.
The power titan additionally announced Monday it would extravagant greater than 100 billion yuan in the Xinjiang area over the following 10 years to increase power exploration in the Junggar Container, the Turpan Container as well as Hami.
Huaneng's move echoes the central government's assistance bundle for Xinjiang area introduced at conference held in Beijing last month.
The main federal government's support package stressed that the area's natural resources must be established in their very own time while the building and construction of energy jobs ought to be increased.
Seminar Notice: China ChemNet and also Guangdong Oil & Gas Association will hold the 3rd Methanol-DME/LPG conference in Shanghai on June 23-25. It will focus on the brand-new way out for DME by getting in gas area, methanol development instructions on clean power and also the integration as well as mixture of LPG resource. welcome your participation.
The SNG project based in Qitai Region of Xinjiang will certainly turn coal from the Dajing mining area in the East Junggar coalfields right into gas which will be carried to energy-hungry regions outside of Xinjiang, China Huaneng Group said.
The first stage of the project's construction will certainly be finished by 2013 and also it will certainly have a yearly gas output of 4 billion cubic meters, said a company source.
The gas sales will certainly create 7 billion yuan in annual revenue and 2.5 billion yuan in yearly profits and taxes, the firm stated.
chelating agent in food , replacement head of state of China Huaneng Group, said the SNG job, the biggest of the kind in the area, will certainly be environmentally-friendly as well as energy-conserving.
The power titan additionally announced Monday it would extravagant greater than 100 billion yuan in the Xinjiang area over the following 10 years to increase power exploration in the Junggar Container, the Turpan Container as well as Hami.
Huaneng's move echoes the central government's assistance bundle for Xinjiang area introduced at conference held in Beijing last month.
The main federal government's support package stressed that the area's natural resources must be established in their very own time while the building and construction of energy jobs ought to be increased.
Seminar Notice: China ChemNet and also Guangdong Oil & Gas Association will hold the 3rd Methanol-DME/LPG conference in Shanghai on June 23-25. It will focus on the brand-new way out for DME by getting in gas area, methanol development instructions on clean power and also the integration as well as mixture of LPG resource. welcome your participation.
