May 05, 2024

Beibei Group: 900 million investment in natural gas vehicle industry in 2013

Dong Jiusheng, Chief Engineer of Luyuanda Company, a wholly-owned subsidiary of Beijing Gas Group, recently stated at the 3rd China International LNG (liquefied natural gas) Conference that Beijing will accelerate the development of natural gas vehicles from 2013 and plans to invest 2,000 taxis and 3,000 buses. car. In addition, 5,000 natural gas vehicles will be invested in driving schools and sanitation departments.

Dong Jiujun disclosed that Beijing Gas Group will invest 900 million yuan in the natural gas vehicle industry this year.

Luyuanda Company is responsible for Beijing Gas Group's business other than pipeline natural gas. Dong Jiulu said that Beijing started investing in a brand-new bi-fuel taxi one month ago. As of this week, Beijing has invested 504 CNG (compressed natural gas) taxis and 502 LNG buses.

According to the Beijing "Twelfth Five-year Plan", 50,000 of Beijing's 300,000 heavy trucks will be converted into LNG trucks . From 2014 to 2017, 30,000 natural gas vehicles will be promoted each year and 70 natural gas filling stations will be built each year. By 2017, 350 gas stations will be built to ensure the demand for natural gas vehicles.

Dong Jiuxi stated that in order to accelerate the development of natural gas vehicles, Beijing Gas Group has built an LNG plant in Wushenqi, Inner Mongolia, and will be able to provide LNG to Beijing this winter; at the same time, another LNG plant in Xiji, Beijing, will end this year. Finished. Overall, the group plans to build 4 LNG plants in Beijing in 4-5 years to meet the demand for natural gas vehicles in Beijing.

Due to the huge investment in natural gas vehicle industry chain, Beijing Gas Group has faced some financial pressure. “We are seeking support from the government and we hope to give subsidies based on the model of electric vehicles.” Dong Jiulu said, “We are still seeking financial support because we need to invest 900 million yuan in the natural gas vehicle industry this year, but there are still more than 400 million. The yuan gap is so urgent that we can invest more money."

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