Relying on the oil and gas resources and LNG receiving station resources of GCL Group, the company has rapidly established resource and network advantages in the field of natural gas trading that are difficult for other competitors to replicate. At the same time, GCL New Energy has also built an internationally competitive natural gas resource pool by promoting several long-term and medium- and short-term natural gas procurement contracts to ensure a stable and reliable supply of natural gas to global customers.
If the efforts made by GCL on the upstream and downstream of the lebanon telegram data natural gas industry chain, then in this acquisition, GCL New Energy is targeting the LNG receiving station, which is the midstream part of the natural gas industry chain. LNG receiving stations play a key role in receiving, storing and transporting natural gas in the trade. Terminal warehousing logistics and direct gas sales business will also become a strong pillar for the company's performance growth.
Jiangsu Rudong Yangkou Port is currently the largest LNG import port in East my country. Its geographical location is backed by Jiangsu and adjacent to Shanghai, and it has a huge natural gas consumption market. Therefore, the acquisition of the GCL Rudong LNG receiving station project is an ideal springboard for GCL New Energy’s “station and trade integration” strategy.