MPO 0.00% 14.0¢ molopo energy limited

Molopo Gas project >> Liullin China ++ very hughe

  1. 1,250 Posts.
    Title Development and Utilization of Coal Bed Methane in Liulin, Shanxi Province
    Type Expansion of infrastructure
    Description
    The infrastructure for the coal mines of Shanxi Province will be expanded to increase CBM production. On the basis of existing test wells, the project will establish a functioning gas field and transportation service for the commercial use of CBM. Technologies and equipment of the project are related to coal bed methane reservoir evaluation, well completion and fracturing stimulation, gas gathering, gas field development and construction.
    Rationale
    The project will improve the local energy structure, reduce air pollution, help to facilitate local economic development, and provide a good prototype of the entire process of CBM development in China, from investigation to exploitation and utilization.
    Outputs
    CBM 48,000 M*M*M/day to about 48,000 homes from a total of 25 wells and through 30 km of pipeline.
    Location Liulin town, Lishi city, Shanxi Province
    Available Information (Pre)Feasibility Study, Project Detailed Description, Technical Study, Market Study
    Total Investment (US$) 9 million
    Foreign Currency (US$)
    3.1 million

    Financing
    Co-operation Sought

    Total Equity (US$) 7.5 million
    Joint Venture

    Of which Equity Foreign Partner (US$) 3.1 million
    Equipment Purchase

    Loan (US$) 1.5 million
    Special Technique and Know-how

    Others(specify) (US$)
    Indicators of Viability Pay-back period: 6 years; Return on investment: 22%
    INFORMATION ON SPONSOR

    Name North China Bureau of Petroleum Geology Tel +86-371-8981590
    Address 197 Funiu Road, Zhenzhou city, Henan province Fax +86-371-8982902
    Annual Turnover (US$) 1993 1994 1995 5 million
    Year of Establishment 1975 No. of Employees 7300 Ownership State
    Fixed Assets (US$) 30 million Registered Capital (US$) 3.4 million
    Land (ha.) Building (m*m) Equipment (US$)
 
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