Purchase (import), transportation, storage and re-gasification of LNG; Sales (transmission) of natural gas and its by-products to Pearl River Delta and other areas; Construction and management of LNG reception terminal, gas pipeline and other additional extended facilities; Charter, lease and operation of LNG carrier; LNG purchase, sale and relevant business inside or outside the country.
The company received LNG from Australia successfully as per Gas Purchase Contract since it has been put into operation on September 28, 2006, and steadily sold to customers as per sales contracts. The sales amount in 2007 is RMB5.59 billion. Besides, the spot cargoes have been purchased successfully from international LNG spot market and have been additionally supplied to customers with Phase I sales contract and newly added customers beyond Phase I sales contract. The company will increase the spot trade quantities in succession, based on market demand and circulation capacity of facilities.
Natural gas comes from Northwest Shelf Australia LNG Venture.
In a way that LNG is imported from abroad, then stored, re-gasified, compressed and distributed to special customers through long gas pipelines, and sold through truck loading station additionally.
The president takes the responsibility of company management under the leadership of the Board of Directors. At present, the company has more than 300 Chinese and foreign employees in total.
The headquarters of the company is located on floor 10-11 Times Financial Center, 4001 Shennan Road, Futian District, Shenzhen, Guangdong Province.