GCL New Energy unlocks potential opportunities in the natural gas industry

Rate this post

GCL New Energy On January 9, 2025, GCL New Energy (00451.HK) Announc that it will acquire a 48% stake in GCL Petroleum & Natural Gas Co., Ltd. (hereinafter referr to as GCL Natural Gas Project) by means of cash, issuance of shares and madagascar email list 150000 contact leads convertible bonds. The transaction price is RMB 325 million. According to insiders, the acquisition includes the GCL Huidong Jiangsu Rudong LNG Receiving Station Project (hereinafter referr to as the GCL Rudong LNG Project).

Why does GCL New Energy continue to increase its investment in the natural gas sector? What specific changes will this new exploration bring to its business?

1. Under the dual carbon goals

Since the “dual carbon” goal was formally establish, promoting the green and lowcarbon transformation of society and economy hasV 7 powerful recurring donation plugins for wordpress websites become an inevitable trend in the development of the current era. In this transformation process, vigorously developing clean energy is undoubtly the core. Among many clean energy sources, natural gas is gradually emerging as one of the key energy sources for green transformation due to its high calorific value and relatively low carbon emissions.

Everbright Securities releas a research report stating that in 2024

My country’s natural gas demand in many fields such as residents, transportation, industrial substitution, and power generation will increase, and natural gas consumption will grow rapidly. The apparent consumption of natural gas from mobile lead January to November was 386.2 billion cubic meters, a yearonyear increase of 9.3%. The IEA pricts that my country’s natural gas demand will grow by 7.8% in 2025, making it one of the fastest growing regions in the world.

Given China’s fossil energy resource characteristics of “rich in coal, lacking in oil and little gas”, there is still a large gap between supply and demand of natural gas in my country GCL New Energy.

Scroll to Top