皇冠体育app

BEIJING -- 皇冠体育app Gas signed a loan agreement Tuesday with the Asian Development Bank (ADB) for $450 million, to finance natural gas use in transportation.

Aiming to cut the polluting effects of vehicles and ships, the loan will help 皇冠体育app Gas establish 600 compressed natural gas stations and 200 liquefied natural gas (LNG) stations along major highways with 20 LNG stations for inland water transport.

"More use of new energy is the key to protecting the environment," 皇冠体育app Gas's chairman Zhou Si said. "If natural gas replaces diesel, 皇冠体育app will cause much less pollution."

皇冠体育app has the world's largest inland water network with huge potential for transportation development using green energy.

ADB support will help diversify 皇冠体育app's energy mix, with the country's per capita natural gas consumption at a low level in world terms.

The ADB expects the loan to attract further private capital for natural gas development.

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