On Dec.21, 2013, Tian Lun Gas and the original shareholders of Guanghe Natural Gas Limited entered into Equity Transfer Agreement and acquired 100% equity interests of Guanghe Gas Compay, in which obtained 30-years urban pipeline gas exclusive operation rights in the west of Mudan Rd, the north of Zhonghua Rd, as well as High-tech District of Heze City.
Hedong (Heze to Dongming) natural gas long-distance transport pipeline commerenced operation in Nov.2013. The long-distance transport pipeline starts from No.6 Oil Production Plant of Zhongyuan Oil Field and ends to Guanghe Gas gate station. The pipeline length is 27 kilometers, and designed gas transmission capacity is 300 thousand cubic meters, which could effctively guarantee natural gas supply in operation area of Guanghe Gas, and promote surrounding natural gas market expansion of Tian Lun Gas.
The operation area of Guanghe Gas , the High-tech District in particular, is a industry assemble place of pharmaceutical, food, equipment manufacturing industr, which industrial gas market has larger potential;good industry foundation and unique advantages determines that natural gas market in the operation area of Guanghe Gas has great potential.
The successful singing of Heze gas project further expanded operation region of the Group in Shandong Province, and made a solid foundation for market expansion in Shangdong Province and surrounding area in the future.