Scandoil  

Zhengzhou Greka Gas sign 10-year offtake agreement with Shanxi Guohua


Published Nov 5, 2014
Green Dragon Gas Ltd.-2

Green Dragon Gas’s wholly owned subsidiary Zhengzhou Greka Gas Co. has signed a 10-year offtake agreement (the "Agreement") with Shanxi Guohua Energy Company Limited (Shanxi Guohua), a joint venture between Shanxi International Energy Group and Sinopec, for the sale of CBM gas from the Company's Shizhuang South and North blocks, in Shanxi Province. The Agreement is separate and in addition to the existing 20-year offtake agreement with PetroChina Huabei Oilfield Company Limited.

Key terms of the Agreement

Under the Agreement, the Company can sell gas from its GSS (Shizhuang South) and GSN (Shizhuang North) blocks to Shanxi Guohua's delivery point near the Guxian compression station, in Shanxi Province with pricing annually agreed and reviewed between the parties.

Tags: Green Dragon Gas Ltd.




Advertisment:

Add a Comment to this Article

Please be civil. Job and promotion will not be added into the comment page.

(Use Markdown for formatting.)

This question helps prevent spam:

+ Larger Font | + Smaller Font
Top Stories

 

 

 

 


 


RSS

RSS
Newsletter
Newsletter
Mobile News
Mobile news

Computer
Our news on
your website


Facebook
Facebook
Twitter
Twitter

Contact
Contact
Tips
Do you have any
tips to us
Stats

 

sitemap xml