Dazhou Energy Chemical Project Signs a Large Bill of 14 Billion to Jointly Develop Natural Gas Resources

On July 27th, the reporter learned from the “Pan-Pearl River Delta Regional Economic and Trade Fair · Sichuan Provincial Key Industrial Promotion Project” held in Chengdu that Chuanhua Holdings, China National Nuclear Energy and other companies signed a one-off deal of 14 billion with Sichuan Dazhou City Government. The above-mentioned investment agreements will jointly develop natural gas resources and develop the energy and chemical industry.

Dazhou has a total of 3.8 trillion cubic meters of natural gas resources, and has proven reserves of 500 billion cubic meters. It is hailed by experts as the most promising natural gas field in China after Tarim in Xinjiang and Ordos in Inner Mongolia. At present, the first batch of key projects centering on the development of natural gas resources have been determined, mainly including an annual output of 450,000 tons of synthetic ammonia, 800,000 tons of urea projects, 2×350,000 kilowatts of natural gas power generation projects, and an annual output of 200,000 tons of liquefied gas projects. These projects will use high technology to build Dazhou City into a natural gas energy and chemical industry base in western China.

The companies that have signed up for the investment include Sichuan Chemical Holdings Group, China National Nuclear Energy Group, Bayu Electric Power Company, Chengdu Daye Group, Singapore Ruijie Asia Company, and Erdos Star Energy Company. The UE Group from the United States also expressed strong investment intentions.

Daxiang Municipal Party Committee Secretary and Mayor Li Xiangzhi stated that Dazhou has proposed a "big open, great development" overall energy and chemical development plan, the city will increase investment in infrastructure construction, create a better investment environment for investors in Dazhou Energy Chemical Park provide excellent service.

The Pan-Pearl River Delta Regional Economic and Trade Fair is co-sponsored by the governments of 9 provinces (regions) of Guangdong, Fujian, Jiangxi, Hunan, Guangxi, Hainan, Sichuan, Guizhou, and Yunnan, and hosted by the governments of Hong Kong and Macao Special Administrative Regions. . The forum was hosted by the Sichuan Provincial Government. The Sichuan Provincial Government has listed more than 30 pharmaceutical and chemical projects as the focus of promotion.

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