OREANDA-NEWS. August 24, 2012. China Natural Gas said its revenues in the second quarter of 2012 increased by 38.8% to USD 37.90 million from USD 27.31 million in the second quarter of 2011.

Shuwen Kang, CEO of China Natural Gas, Inc. commented: “We are pleased to share the results of our second quarter, as we believe that they demonstrate continued progress toward our sector and geographic growth and forward integration objectives.

The company has successfully commenced commercial production of its Jingbian liquefied natural gas (LNG) plant on July 16, 2011, which represents a key milestone in its corporate history.

Our network of compressed natural gas, or CNG, fueling stations currently contains 35 stations, a significant presence in the markets we operate in. Our outlook for the second half of the year is promising as we continue to grow our business, and we look forward to sharing any future developments as they materialize.”