200,000 Ton/Year COG-to-LNG Project by Shanxi Jinluda Energy Co., Ltd. in Taiyuan City

I. Project Overview
Project Name: 200,000 Ton/Year COG-to-LNG Project by Shanxi Guoqingyuan New Energy Co., Ltd.
Project Site: Gaosheng Village, Gujiao City, Taiyuan City, Shanxi Province
Project Type: Modern Coal Chemical Industry
Total Investment: RMB 800 million

II. Market Prospects
With the profound adjustment of the international energy structure, the utilization of clean energy has attracted more and more attention in the world. Especially in China, where coal is the main traditional energy source, the LNG obtained from coke oven tail gas by using coal coking process will be an important supplement to China’s energy demand. The COG-to-LNG project has huge market in China. It is predicted that the market demand will exceed 2,000*109 m3/d by 2020, but the current output is only 1,000*109 m3/d. Import dependence reaches 50%, and there is a large market gap.

III. Construction Contents and Scale
Project Coverage: 230 mu.
Construction Contents: Annual output of 200,000 tons of LNG, 80,000 tons of synthetic ammonia, comprehensive utilization of gas 7.2×108Nm3/ year.

IV. Advantages Analysis
1. The project will be constructed by Shanxi Guoqingyuan New Energy Co., Ltd. Relying on the coke oven tail gas of Shanxi Jinluda, the project will achieve comprehensive utilization of coke oven tail gas.
2. The company has conducted in-depth discussion and cooperation with various think tanks and experts from the Chinese Academy of Social Sciences, Renmin University of China, China Association of Small and Medium Enterprises and organizations.
3. The company and experts have visited and discussed the model of gas internal circulation heating furnace and new anticorrosive materials that have been implemented in the United States.

V. Project Progress
The Project Feasibility Study Report is being designed and approved.

VI. Benefits Analysis
Annual Sales Revenue: RMB 19 Billion; Annual Profits: RMB 5 billion; Investment Profit Margin: 25%; Payback Period: 2 years.
After the project is completed, it will contribute RMB 2.5 billion of tax each year, and create more than 5,000 jobs.

VII. Objective of Investment Promotion
Target Investors: Construction companies and investment companies
Investment Promotion Model: This project intends to invite investment through financing.  
Amount of Investment: RMB 240 million

VIII. Supporting Conditions
1. Shanxi Jinluda Energy Co., Ltd can produce 2.8 million tons of coal oven gas each year, with gas output of 90,000 Nm3/h, daily LNG output of 900,000 Nm3 (642 t/d) and the annual LNG output of 212,000 tons. The construction company has established good cooperation with Shanxi Jinluda Energy Co., Ltd.
2. Shanxi Jinluda Energy Co., Ltd has its own power plant, and reserves 220 mu of land.

IX. Preferential Policies
The project will implement the preferential policies on transformation of scientific and technological achievements and introduction of talents specified in the Opinions on Deepening the Reform of Talent Development System and Mechanism and Accelerating Innovation-Driven Transformation and Upgrading (BF[2018]No.2) of Taiyuan City, the Notice of Issuing the Measures for Promoting the Transformation of Scientific and Technological Achievements in Shanxi Transformation and Comprehensive Reform Demonstration Zone (Trial Implementation) (JZSF [2017] No.159) and other documents.

X. Contact Information
Investment Promotion Organization: Shanxi Jinluda Energy Co., Ltd.
Contact: Liu Zemin
Tel: 13453133787