| Brief Profiles Of Investment Projects
For China's Agenda 21 |
| Title | Natural Gas Management in Wujin City | |||||||||||||||||||||||
| Type | New | |||||||||||||||||||||||
| Description | ||||||||||||||||||||||||
| A natural gas plant will be constructed using the UGI-CCR method, with expected production of 200,000 cubic meters per day of gas from naphtha in Wujin. The construction plan includes the gas supply works and gas distribution system. The gas supply works consist of a production unit (feedstock tanks, heating, reforming, gasmaking, heat recovery, scrubbing, cooling and calorific value enhancement), auxiliary production facilities (central sub-station, water supply and drainage systems, a boiler house, an air compressor station, ventilation facilities, and relevant service facilities) and administrative facilities. The gas distribution system consists of facilities such as a gas storage and distribution station (dry gas tanks and gas pumping station), medium pressure fuel gas pipe network and pressure-regulating devices. | ||||||||||||||||||||||||
| Rationale | ||||||||||||||||||||||||
| The fuel gas supply for Wujin will be increased by 105 thousand m*m*m/d, which will supply gas to 30,000 households and industrial users. By switching to this cleaner energy to supply the newly constructed urban areas in Wujin, problems of environmental contamination from the burning of coal will be alleviated, reducing the rate of respiratory tract disease of the inhabitants and other adverse health effects, and relieving households of the burden of repeated cleaning of soot deposits. The naphtha gas-making process produces no industrial waste water or waste slurry. The main operational advantages of this method of power and heat generation are the simple process, low investment, and low operating cost. | ||||||||||||||||||||||||
| Outputs | ||||||||||||||||||||||||
| 200,000 cubic meters of gas from light oil per day and thermal energy for heating 800,000 m*m*m | ||||||||||||||||||||||||
| Location | Wujin city, Jiangsu province | |||||||||||||||||||||||
| Available Information | (Pre)feasibility Study (in English) | |||||||||||||||||||||||
| Total Investment (US$) | 19.6 million |
Foreign Currency (US$) |
3.27 million | |||||||||||||||||||||
Financing |
Co-operation Sought | |||||||||||||||||||||||
| Total Equity (US$) | 15.4 million |
Joint Venture | ||||||||||||||||||||||
| Of which Equity Foreign Partner (US$) | 4.2 million |
Cooperative Venture | ||||||||||||||||||||||
| Loan (US$) | ||||||||||||||||||||||||
| Others(specify) (US$) | ||||||||||||||||||||||||
| Indicators of Viability | Return on Investment: 8.2%; Output at the break-even point: 35.8~83.1 thousand m*m*m/d; Pay-back Period: 11 years; IRR: 9.4%. | |||||||||||||||||||||||
INFORMATION ON SPONSOR | ||||||||||||||||||||||||
| Name | Wujin City Gas Co. Ltd. | Tel | +86-519-6554334 | |||||||||||||||||||||
| Address | Hutang town, Wujin city, Jiangsu province | Fax | +86-519-6550019 | |||||||||||||||||||||
| Annual Turnover (US$) | 1993 | 1994 | 1995 | |||||||||||||||||||||
| Year of Establishment | 1995 | No. of Employees | 6 | Ownership | State | |||||||||||||||||||
| Fixed Assets (US$) | Registered Capital (US$) | 7.7 million | ||||||||||||||||||||||
| Land (ha.) | Building (m*m) | Equipment (US$) | ||||||||||||||||||||||
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