August 26, 2008
China Natural Gas Acquires Three CNG Filling Stations
China Natural Gas has acquired three compressed natural gas filling stations located in Xi'an in the Shaanxi Province of China.
The filling stations have the necessary government permits to operate and are now selling natural gas and gasoline for compressed natural gas (CNG) and gasoline powered vehicles. These acquisitions bring the company's total revenue generating filling stations to 35.
Qinan Ji, CEO and chairman of the board of China Natural Gas, said: "We are very pleased to share this announcement with our investors. Like our existing stations in Xi'an, these three new filling stations are in advantageous locations and can provide superior, quality service to our customers."