About China Natural Gas, Inc.
China Natural Gas, Inc. - A US listed company
China Natural Gas, Inc. is the first China based natural gas company publicly traded in the US (stock symbol: CHNG). Managed by seasoned industry executives, the company owns a 120 kilometer long high pressure natural gas pipeline in China's Shaanxi Province, home to China's second largest natural gas reserve. CHNG is headquartered in the historic city of Xi'An, the fastest growing city in China's western regions supported by a population of 8 million and is noted as the capital of the first dynasty of China, the Qin Dynasty and its rich history of world famous terra cotta warriors. The city of Xi'An is centrally located in China. Xi'An is not only the "gateway" to China's developing western regions but also is within easy access to China's more developed regions in the East and South.
We Are an Environmentally Friendly Natural Gas Services Provider
Many taxis in China are configured to operate on natural gas. Due to rising cost of gasoline, taxi drivers feel a direct economic pinch. Compressed natural gas ("CNG") powered vehicles not only contribute to a cleaner environment but also can save a driver as much as 60% in fuel cost - the bulk of a taxi driver's daily operating expenses. Moreover, CHNG also supplies clean natural gas to homes and businesses to eliminate the reliance on heavily polluting coal for cooking, heating and industrial applications.
The Piacente Group, Inc.
Debra Chen, 212-481-1907