Posts Tagged ‘CHNG’

Utilities Provider China Natural Gas Builds Upon Its Success

China Natural Gas (NasdaqGM: CHNG), a leading provider of compressed natural gas (CNG) for vehicular fuel and pipeline natural gas for industrial, commercial and residential use in Xi’an, China, recently reiterated its plans to complete construction on its Jingbian County liquefied natural gas (LNG) plant in Shaanxi Province by June 30th. Test runs are scheduled to begin in the third quarter of 2010, and the plant should be operating at 50% capacity by the end of the fiscal year.

China Natural Gas Posts Gains in 3Q 2009 Revenue, Gross Profit

China Natural Gas (CHNG) is one of the leading providers of pipeline natural gas for industrial, commercial and residential use and compressed natural gas for vehicular fuel in China’s Xi’an area of Shaanxi province. The Company recently released its third quarter 2009 financial results, which showed gains in total revenue and gross profit. CHNG is the first China-based natural gas company publicly traded in the United States.