Chinese Local Government to Supply SinoCoking Underground Syngas Project With Extensive Gas Pipeline Distribution Network
PINGDINGSHAN, China, Sept. 16, 2014 -- SinoCoking Coal and Coke Chemical Industries, Inc. (SCOK), a vertically-integrated coal and coke processor, today said that the local government of Pingdingshan has agreed to provide the company with an extensive gas pipeline distribution network and gas storage system as well as a land allotment of over 7.5 square miles of high-quality coal, all of which will support the development and continuing operations of SCOK's recently announced $300 million underground mine coal-to-syngas conversion project.
Additionally, the government of Pingdingshan may issue "significant" financial grants to SinoCoking after assessing the project's initial performance.
- Published: 16 September 2014
- Written by Editor