China Gas

Qianhai expanded advantages in industrial diversification

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星期四, 十二月 7, 2023

SHENZHEN, China, Dec. 7, 2023 /PRNewswire/ -- In an era of global connectivity, Qianhai is leading the new trend in China's industrial development through industry diversification and innovation.

Key Points: 
  • SHENZHEN, China, Dec. 7, 2023 /PRNewswire/ -- In an era of global connectivity, Qianhai is leading the new trend in China's industrial development through industry diversification and innovation.
  • At the recently held Qianhai Global Investment Promotion Conference, Qianhai released new "six agglomeration zones".
  • In recent years, Qianhai has expanded its advantage in industrial diversification.
  • According to external insights, the diversified development of Qianhai's industries is closely related to its advantages in diverse industrial development.

Qianhai expanded advantages in industrial diversification

Retrieved on: 
星期四, 十二月 7, 2023

SHENZHEN, China, Dec. 7, 2023 /PRNewswire/ -- In an era of global connectivity, Qianhai is leading the new trend in China's industrial development through industry diversification and innovation.

Key Points: 
  • SHENZHEN, China, Dec. 7, 2023 /PRNewswire/ -- In an era of global connectivity, Qianhai is leading the new trend in China's industrial development through industry diversification and innovation.
  • At the recently held Qianhai Global Investment Promotion Conference, Qianhai released new "six agglomeration zones".
  • In recent years, Qianhai has expanded its advantage in industrial diversification.
  • According to external insights, the diversified development of Qianhai's industries is closely related to its advantages in diverse industrial development.

VENTURE GLOBAL ANNOUNCES FINAL INVESTMENT DECISION AND FINANCIAL CLOSE FOR PHASE TWO OF PLAQUEMINES LNG

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星期一, 三月 13, 2023

Plaquemines Phase Two is the first project to take FID in 2023 and is expected to be the next new LNG capacity in North America.

Key Points: 
  • Plaquemines Phase Two is the first project to take FID in 2023 and is expected to be the next new LNG capacity in North America.
  • ARLINGTON, Va., March 13, 2023 /PRNewswire/ -- Today Venture Global LNG is announcing a final investment decision (FID) and successful closing of the $7.8 billion project financing for the second phase of the Plaquemines LNG facility.
  • Today, the company also issued a full notice to proceed to KZJV to continue construction on phase two of Plaquemines LNG.
  • "Venture Global is proud to announce a positive Final Investment Decision (FID) for phase two of Plaquemines LNG, less than 10 months after sanctioning phase one," said Mike Sabel, CEO of Venture Global LNG.

VENTURE GLOBAL ANNOUNCES FINAL INVESTMENT DECISION AND FINANCIAL CLOSE FOR PHASE TWO OF PLAQUEMINES LNG

Retrieved on: 
星期一, 三月 13, 2023

Plaquemines Phase Two is the first project to take FID in 2023 and is expected to be the next new LNG capacity in North America.

Key Points: 
  • Plaquemines Phase Two is the first project to take FID in 2023 and is expected to be the next new LNG capacity in North America.
  • ARLINGTON, Va., March 13, 2023 /PRNewswire/ -- Today Venture Global LNG is announcing a final investment decision (FID) and successful closing of the $7.8 billion project financing for the second phase of the Plaquemines LNG facility.
  • Today, the company also issued a full notice to proceed to KZJV to continue construction on phase two of Plaquemines LNG.
  • "Venture Global is proud to announce a positive Final Investment Decision (FID) for phase two of Plaquemines LNG, less than 10 months after sanctioning phase one," said Mike Sabel, CEO of Venture Global LNG.

Venture Global and China Gas Sign Two 20-year Long-Term LNG Agreements

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星期五, 二月 24, 2023

ARLINGTON, Va., Feb. 24, 2023 /PRNewswire/ -- Today, Venture Global LNG and China Gas Holdings Limited ("China Gas" or the "Group"; stock code: 384), a leading natural gas operator in China, announced that the wholly-owned subsidiary China Gas Hongda Energy Trading Co., LTD ("China Gas Hongda") and Venture Global LNG ("Venture Global"), have signed two 20-year LNG Sales and Purchase Agreements (SPA). 

Key Points: 
  • ARLINGTON, Va., Feb. 24, 2023 /PRNewswire/ -- Today, Venture Global LNG and China Gas Holdings Limited ("China Gas" or the "Group"; stock code: 384), a leading natural gas operator in China, announced that the wholly-owned subsidiary China Gas Hongda Energy Trading Co., LTD ("China Gas Hongda") and Venture Global LNG ("Venture Global"), have signed two 20-year LNG Sales and Purchase Agreements (SPA).
  • Under the deals, China Gas will buy 1 million tonnes per annum (MTPA) of LNG on a free on board (FOB) basis from Plaquemines LNG and another 1 MTPA from the CP2 LNG export facility, both in Louisiana.
  • We look forward to working with Venture Global over the coming years to help further reduce greenhouse gas emissions."
  • Mike Sabel, Chief Executive Officer of Venture Global LNG said, "Venture Global is pleased to welcome China Gas as a customer both at Plaquemines and CP2.

Venture Global and China Gas Sign Two 20-year Long-Term LNG Agreements

Retrieved on: 
星期五, 二月 24, 2023

ARLINGTON, Va., Feb. 23, 2023 /PRNewswire/ -- Today, Venture Global LNG and China Gas Holdings Limited ("China Gas" or the "Group"; stock code: 384), a leading natural gas operator in China, announced that the wholly-owned subsidiary China Gas Hongda Energy Trading Co., LTD ("China Gas Hongda") and Venture Global LNG ("Venture Global"), have signed two 20-year LNG Sales and Purchase Agreements (SPA). 

Key Points: 
  • ARLINGTON, Va., Feb. 23, 2023 /PRNewswire/ -- Today, Venture Global LNG and China Gas Holdings Limited ("China Gas" or the "Group"; stock code: 384), a leading natural gas operator in China, announced that the wholly-owned subsidiary China Gas Hongda Energy Trading Co., LTD ("China Gas Hongda") and Venture Global LNG ("Venture Global"), have signed two 20-year LNG Sales and Purchase Agreements (SPA).
  • Under the deals, China Gas will buy 1 million tonnes per annum (MTPA) of LNG on a free on board (FOB) basis from Plaquemines LNG and another 1 MTPA from the CP2 LNG export facility, both in Louisiana.
  • We look forward to working with Venture Global over the coming years to help further reduce greenhouse gas emissions."
  • Mike Sabel, Chief Executive Officer of Venture Global LNG said, "Venture Global is pleased to welcome China Gas as a customer both at Plaquemines and CP2.

NextDecade Announces 1.0 MTPA LNG Sale and Purchase Agreement With China Gas

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星期二, 七月 5, 2022

NextDecade Corporation (NextDecade) (NASDAQ: NEXT) announced today the execution of a 20-year sale and purchase agreement (SPA) with China Gas Hongda Energy Trading Co., LTD (China Gas), a wholly-owned subsidiary of China Gas Holdings Limited (HKEX:00384) for the supply of liquefied natural gas (LNG) from NextDecades Rio Grande LNG export project (RGLNG) in Brownsville, Texas.

Key Points: 
  • NextDecade Corporation (NextDecade) (NASDAQ: NEXT) announced today the execution of a 20-year sale and purchase agreement (SPA) with China Gas Hongda Energy Trading Co., LTD (China Gas), a wholly-owned subsidiary of China Gas Holdings Limited (HKEX:00384) for the supply of liquefied natural gas (LNG) from NextDecades Rio Grande LNG export project (RGLNG) in Brownsville, Texas.
  • Under the SPA, China Gas will purchase 1.0 million tonnes per annum (MTPA) of LNG indexed to Henry Hub and delivered on a free-on-board (FOB) basis.
  • The LNG will be supplied from the second train at Rio Grande LNG, which is expected to start commercial operations as early as 2027.
  • Leading innovation in more sustainable LNG and carbon capture solutions, NextDecade is committed to providing the world access to cleaner energy.

Energy Transfer Signs LNG Sale and Purchase Agreement With China Gas

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星期一, 六月 6, 2022

Energy Transfer LP (NYSE: ET) and China Gas Holdings Limited (HKEX:00384) today announced that China Gas Hongda Energy Trading Co., LTD, a subsidiary of China Gas Holdings Limited (China Gas) has entered into an LNG Sale and Purchase Agreement with Energy Transfer LNG Export, LLC (Energy Transfer LNG), a subsidiary of Dallas-based Energy Transfer LP, related to its Lake Charles LNG project.

Key Points: 
  • Energy Transfer LP (NYSE: ET) and China Gas Holdings Limited (HKEX:00384) today announced that China Gas Hongda Energy Trading Co., LTD, a subsidiary of China Gas Holdings Limited (China Gas) has entered into an LNG Sale and Purchase Agreement with Energy Transfer LNG Export, LLC (Energy Transfer LNG), a subsidiary of Dallas-based Energy Transfer LP, related to its Lake Charles LNG project.
  • View the full release here: https://www.businesswire.com/news/home/20220603005512/en/
    Under the SPA, Energy Transfer LNG will supply 0.7 million tonnes of LNG per annum to China Gas on a free-on-board (FOB) basis.
  • This LNG SPA signed with Energy Transfer LNG, which is the first long-term contract of China Gas, strengthens our existing portfolio for the import of LNG, and will further enable China Gas to reliably and securely meet our natural gas customers needs.
  • It is also an important step along the path to realizing Chinas carbon peaking and carbon neutrality goals, said Yalong Qi, General Manager of China Gas Hongda Energy Trading Co., LTD.
    China Gas is a premier natural gas distribution company in China, and we are pleased to enter into this 25-year LNG offtake agreement with them, said Tom Mason, President of Energy Transfer LNG.

China Gas (00384) Started Significant Share Buybacks since May, Major Shareholder BEH Increased in Shareholding 3 times in a Month

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星期一, 十一月 15, 2021

The multiple share repurchases by China Gas show the strong confidence of the management in the Company's future development and growth potential.

Key Points: 
  • The multiple share repurchases by China Gas show the strong confidence of the management in the Company's future development and growth potential.
  • The increase in shareholding represents another strong vote of confidence of BEH in China Gas' underlying business and long-term growth potential.
  • BEH holds 22.81% of the total issued shares of China Gas as at 28 October 2021.
  • China Gas' commitment to ESG and the national policy of "carbon peak, carbon neutrality" has been well recognized.

China Gas Enters into Strategic Cooperation Framework Agreement with Sinopec

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星期四, 三月 4, 2021

HONG KONG, Mar 4, 2021 - (ACN Newswire) - China Gas Holdings Limited ("China Gas" or the "Group"; stock code: 384), a leading piped-gas operator in China, announced today that it has entered into a strategic cooperation framework agreement ("Agreement") with China Petrochemical Corporation ("Sinopec") on 4 March 2021.

Key Points: 
  • HONG KONG, Mar 4, 2021 - (ACN Newswire) - China Gas Holdings Limited ("China Gas" or the "Group"; stock code: 384), a leading piped-gas operator in China, announced today that it has entered into a strategic cooperation framework agreement ("Agreement") with China Petrochemical Corporation ("Sinopec") on 4 March 2021.
  • Under the Agreement, the Group will commence strategic cooperation with Sinopec in three main areas.
  • The Strategic Cooperation Framework Agreement with Sinopec represents a major market breakthrough for the sustainable and rapid development for the Group.
  • China Gas Holdings Limited ("China Gas", stock code: 384.HK) is a gas services provider in China, principally engaged in the investment, construction and management of city gas pipeline infrastructure, distribution of natural gas and LPG to residential, industrial and commercial users, and through gas stations to the transportation sectors.