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Italy, rick group (Greka), chairman and chief executive randy Greg walter (Randeep S.G rewal) has an interview with the media, said the group's production of coalbed methane in China will be 450 million cubic meters in 2015, and on the basis of its 2012 annual output of 75 million cubic meters, 6 times in 2013 and realize return on investment.
Previously, China's energy will coal-bed methane industry "twelfth five-year" by the competent department of production target of 30 billion cubic meters. To accomplish this goal, the national energy administration gave 30 billion cubic meters of production task allocation to the major coalbed methane. Of 3.5 billion cubic meters, among them, China united coal oil and 6 billion cubic meters and 5.5 billion cubic meters and 600 million cubic meters, the jin coal group sinopec henan coalbed methane group 300 million cubic meters.
To calculate, rick output in 2015 will exceed henan coalbed methane production group and close to sinopec group goals.
Learned, rick green dragon gas group is China's largest coal-bed methane mining, one of sales, the sales for the integration of independent companies. Green dragon gas to enter the Chinese CBM industry in 1997, with the only foreign cooperation management of zoomlion coal company has six blocks sharing agreement signed the products.
Greg g group general manager wang yi said that the company has been on the development of 6 CBM blocks into 2.1 billion yuan, more than all the foreign capital enterprise investment sum of the investment of coalbed methane in China. At the same time, although the company is currently on the investment in gold is still "did not take a penny", but will continue to expand investment, and is expected to return in 2013.