Friday, September 28, 2007

Natural Gas Expansion in China - USA/$6.91 per mmBTU

D Three Technology learned today that the price of natural gas on the New York Mercantile Exchange is $6.91 per mmBTU.

D Three Technology learned today that China Natural Gas, Incorporated is said to be one of the leading providers of pipeline natural gas for industrial, commercial and residential use and compressed natural gas (CNG) for vehicular (car, auto, truck) fuel in Xi'an, China.

D Three Technology learned today that China Natural Gas, Incorporated announced today that it had received government approval from the Shaanxi Province to pursue a diversified natural gas project, which when completed will enable China Natural Gas to produce various natural gas products, including liquefied natural gas ("LNG"), liquefied petroleum gas, dry ice, and sulfur.

D Three Technology learned today that As part of the project, China Natural Gas plans to complete an LNG processing and distribution facility in Jingbian County, Shaanxi Province, in the first half of 2009.

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