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Changfeng Energy Inc Signs Natural Gas Sales Contract With Ceramic Manufacturer In Xiangdong District Of Xiangdong Project

Thursday, 27 Dec 2012 04:32pm EST 

Changfeng Energy Inc announced that the Company has entered into a gas sales contract with a key customer at the Xiangdong ceramic industrial park, Pingxiang city, Jiangxi province. According to the contract, the Company will supply a total of 1 million cubic metres (approximately 35.3 million cubic feet) of natural gas per year to the customer at a price promulgated by the Development & Reform Commission of Pingxiang city. Gas payments will be made by the customer on pre-paid basis through an IC card system. The Company will collect a connection fee for installing the service pipeline and connecting the gas supply system to the customer within a month of the date the contract was signed. 

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-0.015 -4.29%
30 Sep 2014