OnMarch 29, Energy Transfer LP (NYSE: ET) and ENN Natural Gas (ENN NG 600803.SH),ENN Energy Holdings Limited (ENN Energy2688.HK) announced that ENN Natural Gas and ENN Energy have entered into LNG Sale and PurchaseAgreements with Energy Transfer LNG Export, LLC (ET LNG), a subsidiary ofEnergy Transfer LP, related to its Lake Charles LNG project.Und
On October 20, 2021, ENN Natural Gas (600803.SH) issued a suspension announcement, announcing plans for a major asset restructuring. After nearly a week of trade suspension, ENN officially released a restructuring plan on the evening of the 26th. The company plans to purchase 90% of ENN Zhoushan held by ENN Technology, ENN Group and ENN Holdings via cash,
OnOctober 11, ENN LNG (Singapore) Pte. Ltd., (“ENN LNG”) a wholly ownedsubsidiary of ENN Natural Gas Co., Ltd. (“ENN Natural Gas”) and CheniereMarketing LLC (“Cheniere Marketing”), a subsidiary of Cheniere Energy Inc.(“Cheniere”) held a ceremony to commemorate the signing of a long-term LNG Saleand Purchase Agreement (“SPA”). Under the SPA, Cheniere Mark
The third China LNG Development Forum and Bohai Rim LNG Summit Forum with the theme of "High Quality Energy Integration, Farsighted Technology Development" was held in Langfang, Hebei Province from April 14 to 16. More than 400 representatives from government departments, domestic and foreign leading enterprises attended the forum. On the strategic background of energy revolution and “peak carbon emissions & carbon neutrality” goals, attendees discussed the trends, hot topics and difficulties in China natural gas industry. As the joint sponsor of the Forum, ENN Natural Gas Co., Ltd. ("ENN", in short 600803. SH) organized and participated in the Forum.
As one of the largest private energy companies in China, ENN Natural Gas Co., Ltd. (ENN NG, stock code 600803.SH) operates over 250 city gas projects nationwide, has annual LNG distribution capacity over 10 bcm, runs the first large-scale private LNG terminal in China -- Zhoushan LNG Terminal. Its business layout covers the entire natural gas value chain, including distribution, trading, storage and transportation, production and engineering. Based upon the practices in the field, ENN NG has built an intelligent operation platform for natural gas industry – GreatGas.cn It accelerates the aggregation of demand, resources, reserves, and delivery ecology of the natural gas industry, innovates and develops digital intelligence services, promotes the digital intelligence upgrade of the natural gas industry. In 2021, ENN NG’s total natural gas sales volume was 37.2 bcm, accounting approximately 10% of China’s total natural gas consumption.
The company's natural gas retail business is to purchase natural gas. After gasification, pressure regulation, impurity removal, dehydration and odorization, the gas is delivered to the end users such as industry, commerce, residents and automobiles through the pipeline network. The company currently has 217 urban gas projects and 157,000 industrial and commercial customers.
Ubiquitous energy describes a geography-specific energy system that starts from user’s demand, with the full-value exploitation and utilization of energy at its core, prioritizes use of clean energy, integrates energy use and supply of multi-energy.
The concept of ubiquitous energy arises in response to bottlenecks in traditional energy industry, such as centralized supplies, separate silos for development, isolated islands for operation, etc. The concept aims to address issues of inefficiency, pollution, ans safety issues in all processes from energy use, production, transmission, distribution and storage. Ubiquitous energy will revolutionize China’s energy industry and facilitate the building of modern energy system which is safe, efficient, clean and economical.
The ENN LNG terminal in Zhoushan includes three functional jetties, which integrate multi-task/functions such as receiving and storage, gas/liquid sendout, reloading and redelivery, LNG bunkering, ship-to-ship transfer, and peak shaving into one stop shop. The LNG bunkering function is the first case for receiving terminals in China that can provide LNG refueling services for passing ships engaging in both international and domestic trade.
The company has established long-term strategic cooperation with China National Petroleum Corporation, Sinopec, CNOOC, Total, Chevron and other large domestic and foreign oil and gas resource providers, innovated resource procurement mode, and improved resource acquisition ability.
It operates the largest LNG logistics network in China, with a transport capacity of about 1,500 vehicles and an annual transport capacity of over 10 billion cubic meters, ranking the first in China in terms of distribution capacity. We have built 63,000 kilometers of high pressure and high pressure urban pipelines, built more than 200 natural gas storage stations, and put in place an extensive natural gas storage and transportation network.
The company has LNG liquefaction plants in Shanxi Qinshui, Chongqing and other domestic cities.
We will promote clean coal use by relying on self-developed efficient and low-cost coal-to-natural gas technologies such as catalytic gasification and hydrogasification. A coal-to-gas base has been set up in Dalat Banner, Ordos City, Inner Mongolia, with an annual joint production of 200 million cubic meters of natural gas in 2018. With the new coal to gas technology as the core, we can provide customers with integrated solution services including technical consultation, engineering design, complete equipment, project construction and intelligent operation.
The company has the mining right of Wangjiata Coal Mine, and the mining, washing and transportation of coal are all entrusted to the third party. The main raw material of methanol products of the company is coal, which is mainly purchased in and around Ordos City, Inner Mongolia. At present, the company has two sets of production facilities, with a total design capacity of 1.2 million tons/year. In 2020, the annual output of coal will reach 6.34 million tons, and the annual output of methanol will reach 1.48 million tons.
The company has Grade A design qualification in chemical, petrochemical and pharmaceutical industry, Grade A professional design qualification in municipal industry (gas and thermal engineering), Grade A professional design qualification for pipeline transportation in oil and natural gas industry, and Grade A qualification for general contracting of many construction projects. More than 8,000 kilometers of medium and high pressure pipelines have been laid in more than 20 provinces and overseas, including 3 LNG receiving stations, more than 10 LNG liquefaction plants.
The company has formed the business model of "technology + core equipment, system integration and solutions", built the technology-driven integrated business chain of RDEPMC, and has the ability to independently undertake business such as technology research and development, consulting, system design, equipment integration and project management (conventional, comprehensive and traversal).
In the era of digital intelligence, the company is guided by intelligent planning. Through intelligent construction, digital delivery and intelligent operation based on the Internet of Things, the company keeps iterating and depositing industrial intelligence, and provides full life cycle mid-platform services including intelligent investment, construction and operation, so as to meet customers' low-carbon, efficient and intelligent operation.
Create a modern energy system and improve the quality of people's life
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