Chinese and Kazakh firms are planning to develop and sell liquefied natural gas.
China’s Xinjiang Guanghui Stone Corp and Kazakhstan’s Tarbagatay Munay (TBM) are working towards developing and selling natural gas and crude oil, including liquefied natural gas.
The deal, which was signed at the end of 2008, stated that Guanghui will set up a LNG plant with annual processing capacity of 500 to 800 million cubic metres, in the Altai area of China’s northwest Xinjiang region.
Unusual for a LNG plant, its location will be thousands of miles from the sea and will have to rely on a fleet of trucks to distribute the gas after processing.
... to continue reading you must be subscribed
