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Article: CBM COMMERCIAL LIQUEFACTION STARTS IN CHINA.
- Article from:
- AsiaPulse News
- Article date:
- August 23, 2007
CopyrightCOPYRIGHT 2007 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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BEIJING, Aug 23 Asia Pulse - China United Coalbed Methane Co. Ltd. (CUCBM) signed a contract with Hong Kong-listed China Leason Investment Group Co. Ltd. (China Leason) on August 3 to sell coal-bed methane (CBM) to the latter, marking the launch of large-scale domestic commercial use of the clean fuel.
According to the contract, a large CBM liquefaction project will be built, the largest of its kind in China.
Under the contract, CUCBM will sell China Leason CBM to be yielded in the Qinshui basin. It is expected that CBM sales would reach 200 million cubic meters a year and a combined annual CBM production capacity of 150,000 tons will be formed after two ...