Moving towards clean energy is a key focus of China’s development policies, and is an important economic and environmental objective. As the PRC economy continues to develop, demand for clean energy grows; whereas natural gas, a form of clean energy, has great market potentials and will facilitate the sustainable development of the Group’s natural gas business.
City gas projects, with its stable revenue stream, can provide a solid foundation of income for the company; natural gas for industrial users and transportation, as emerging sectors, will be our pillars of growth; while natural gas trading and distribution will be a guaranteed source of revenue. The Group currently has numerous gas projects in the PRC, including projects that supply natural gas to transportation, industrial users, city gas projects, mid-stream projects (i.e. LNG receiving terminal), and other natural gas utilization projects.