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China Natural Gas Adds Two Additional Natural Gas Filling Stations

Posted on: Monday, 25 September 2006, 09:01 CDT

China Natural Gas, Inc., (OTCBB: CHNG; website: www.naturalgaschina.com)

the first China-based natural gas public company traded in the U.S.

capital market, today announced that it has completed acquisition of two

additional retail compressed natural gas filling stations located in the

city of Xi'An, Shaanxi province. The two

acquisitions bring the total number of operating company-owned retail

filling stations to 11.

Chairman and CEO Qinan Ji said: "We are

pleased with the continued progress we are achieving toward completing

our targeted goal of 21 company owned natural gas filling stations by

the end of 2006. Sales at our existing stations are on target and we

continue to experience strong customer demand for cleaner alternative

fuel such as compressed natural gas. China Natural Gas is well

positioned to deliver strong revenue and earnings growth for 2006 and

moving into 2007."

About China Natural Gas, Inc.

China Natural Gas, Inc., ("CHNG"), a Delaware company, is the first

China based US public natural gas services provider that owns and

operates a 120 kilometer long compressed natural gas pipeline in China's

Xi'An area, a fast growing Chinese city supported by a population of

approximately 8 million and is the "gateway" to the broad Western

regions of China. CHNG has three profitable business segments: end user

delivery of natural gas services to residential, commercial and

industrial customers; wholesale natural gas to retail natural gas

filling stations; and retail natural gas at company-owned natural gas

filling stations. The city of Xi'An has approximately 20,000 Taxis,

3,000 buses and 2,000 special purpose vehicles that are powered by

compressed natural gas.

Safe Harbor Statement

This press release may contain forward-looking statements within the

meaning of the "safe harbor" provisions of the Private Securities

Litigation Reform Act of 1995. These statements are based on the current

expectations or beliefs of China Natural Gas, Inc. management and are

subject to a number of factors and uncertainties that could cause actual

results to differ materially from those described in the forward-looking

statements.

Source: Business Wire

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