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Financials

China's Guanghui Energy to invest 700 mln yuan in LNG, gas infrastructure

BEIJING, Feb 8 (Reuters) - China’s Guanghui Energy has invested 700 million yuan ($101.73 million) to build two tanks for its Qidong liquefied natural gas (LNG) plant, new natural gas pipelines and natural gas service stations in 2017, the company said in a filing to the Shanghai Stock Exchange on Tuesday. Guanghui said it plans to invest a total of 7 billion yuan in 2017 for its previously announce projects including development of oil fields in Kazakhstan, railways and coal gas plants.

$1 = 6.8810 Chinese yuan renminbi Reporting by Meng Meng and Beijing Monitoring Desk; Editing by Christian Schmollinger

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