Sinoenergy plans to open an additional 20 retail compressed natural gas (CNG) filling stations in the city of Wuhan by the end of 2008. Sinoenergy currently operates eight retail CNG filling stations in Wuhan.
The company also plans to start the construction of another 10 new retail CNG filling stations in Wuhan by the end of 2008, which are expected to begin operations in 2009.
Bo Huang, CEO of Sinoenergy, said: We are delighted that Wuhan’s senior government officials have shown their support for the rapid development of retail CNG filling stations in the city. Underpinned by solid support of the local government and increasing market demands for CNG, we are very confident about our 2008 CNG station opening plan.
