On Oct.12th, Jereh Group signed into strategic partnership with Shandong Huayu Energy on cofounding a natural gas liquefaction plant with production capacity of 21.2MMSCFD. Under the contract, Jereh will provide integrated design, procurement and constructing services for its partner which will witness Jereh natural gas sector further grow and expand into Eastern China.
Jereh LNG plant is located in Jining Chemical Industry Park (Shandong Province) where sufficient and steady gas is available from West-East Natural Gas Transmission pipeline. In, addition, the developed coal chemical industrial plus the high quantity fuel gas consuming by public transportation lead to a great demand in gas. All those favorable conditions would facilitate the regional gas storage peak shaving and combined energy utilization through the plant. A win-win effect of the mutual development from both the LNG plant and the local economy is to be expected.