China Natural Gas, Inc., the first China-based natural gas public company traded in the U.S. capital market, announced that it has completed acquisition of two additional retail compressed natural gas filling stations located in the city of Xi'An, Shaanxi province. The two acquisitions bring the total number of operating company-owned retail filling stations to 11.

Chairman and CEO Qinan Ji said: "We are pleased with the continued progress we are achieving toward completing our targeted goal of 21 company owned natural gas filling stations by the end of 2006. Sales at our existing stations are on target and we continue to experience strong customer demand for cleaner alternative fuel such as compressed natural gas. China Natural Gas is well positioned to deliver strong revenue and earnings growth for 2006 and moving into 2007."

Source:佚名