Towngas inks deals for natural gas trade and Danjin Expressway high-pressure pipeline

It will expand the interconnectivity of natural gas pipelines amongst cities in the Yangtze River Delta.

The Hong Kong and China Gas Company Limited (Towngas) signed project agreements that seek to expand the interconnection of natural gas pipelines in cities located in the Yangtze River Delta.

In a visit to Jintan, Changzhou, the agreements will include the development of the natural gas trade and the Danjin Expressway high-pressure pipeline.

Towngas discussed the potential of salt cavern resources as well as exploration of the salt cavern storage of hydrogen and energy storage.

The Jintan salt cavern storage facility has a cost-saving return of 70% per unit volume investment. It is one of the first-ever facilities in China for a city gas enterprise to spearhead the planning, investing, constructing, and operating of an underground gas storage facility.

ALSO READ: Switzerland’s Energy Vault installs EVx storage systems in China

In terms of its network, the Jintan salt cavern is the first city gas storage facility in the region to be integrated into PipeChina’s West-East Gas Pipeline and the Sichuan-East Gas Pipeline.

“These initiatives have played a crucial role in ensuring a stable gas supply and supporting the national energy security strategy. The gas supplied by Towngas in Hong Kong contains 49% hydrogen, and the Company has extensive experience in hydrogen transmission, storage, and utilisation," Martin Kee Wai-ngai, COO – Mainland Utilities of Towngas and Executive Director & COO of Towngas Smart Energy, weighed in.

"Towngas hopes to strengthen cooperation with Jintan District in the areas of salt cavern hydrogen storage and energy storage, and work together for mutual development,” he added.

Also Read

Ørsted launches Asia's largest offshore wind farm in Taiwan

JERA launches India subsidiary

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit