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The Beikong 4 billion cubic meters coal-to-natural gas project has seen a total investment of 560 million yuan to date

2019-06-12View Original

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The Beikong 4 billion cubic meters coal-to-natural gas project has seen an investment of 560 million yuan to date. Author/Source: Yaha Coal Chemicals. Date: June 12, 2019. Clicks: 14. As of June 5, the land for the factory area of the Beikong Ordos 4 billion cubic meters coal-to-natural gas project has been put up for auction; a bid deposit of 7.88 million yuan has been paid. It is expected that the auction will take place in mid-June 2019. The temporary buildings in the factory area have been completed, and orders have been placed for permanent wastewater treatment facilities. The land grading and fencing work in the factory area are currently under bidding process. In total, 560 million yuan has been invested so far. On May 9, 2019, the groundbreaking ceremony for Beikong Ordos’ 4 billion cubic meter coal-to-natural gas project in the spring of 2019 was held at Dali Industrial Park. The total investment in the project amounts to 23.26 billion yuan. On May 16, 2017, approval was granted by the **Development and Reform Commission, and construction began on September 15 of the same year. The project covers an area of 3,935.1 mu and utilizes advanced pressurized coal gasification and pressurized pulverized coal gasification technologies. Using coal as raw material, it goes through processes of gasification, shift reaction, and purification, followed by methanation to produce natural gas. This gas is then pressurized and dehydrated at the first processing station before being transported via natural gas transmission pipelines to end-users. Upon reaching full production capacity, the project will generate an annual output value of 6.344 billion yuan and profits and taxes of 1.65 billion yuan. In 2019, it is planned to complete investments of 300 million yuan.

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