Natural gas processing and investment
The Company’s current natural gas processing and investment business includes the coal bed methane-to-LNG project in Qinshui of Shanxi province operated by ENN Clean Energy Co., Ltd.; the 200,000 -tonnes stable light hydrocarbon project operated by Xinneng Energy Co., Ltd. Which added hydro-gasification and catalytic gasification core technology innovation industrial demonstration project; after the project is completed and put into operation, 200 million cubic meters natural gas may be co-produced; the Company has purchased 45% equity of CNOOC Beihai in 2014 and became the largest shareholder of Santos, the second largest listed company engaging in oil and petroleum in Australia in 2016.
Energy Technology Engineering Service
The energy technology engineering services of CNN are mainly provided by Xindi Energy Engineering Technology Co., Ltd., integrating technical development, engineering design, equipment manufacture and integration, project management and engineering construction of natural gas, energy conservation and environmental protection and new chemical engineering fields. Xindi Energy Engineering Technology Co., Ltd. is a high and new technology enterprise specialized in energy clean utilization and energy environmental protection, and owns over 20 years’ experience in application technology development, consulting, design, construction and project management of clean energy utilization project.
Energy chemical industry
Main energy chemical product of CNN is methyl alcohol, which is produced by Xinneng Energy Limited. The methyl alcohol device of Xinneng Energy Limited adopts domestic and overseas advanced and mature process technology. Main raw materials used during production are coal and coal water slurry additive. The Phase I methyl alcohol device has capacity of 600,000t/year, and is operating under full load for a long time; the mean output in recent three years shall be 760,000t. In Phase II, the methyl alcohol device of natural gasoline project has entered into pilot production stage in the end of June 2018 and produced conforming methyl alcohol products.
Coal mining and washing
The coal mining and washing services of ENN EC are mainly carried out and provided by Sinone Mining Co., Ltd., and the mining zone shall be Wangjiata Coal Mine. The geologic structure in Wangjiata Coal Mine is simple. The main coal type is non-caking coal, with very few long flame coals. The non-caking coal produced in the coalfield can be used as good steam coal and chemical coal. Main coal products of the Company are mixed coal and cleaned coal.