The Company expects both ODPs to be approved in the first half of 2018.
Sino Gas' Managing Director Glenn Corrie said, "We are pleased that the first Sanjiaobei ODP has been submitted to our partner PCCBM, closely following the Linxing ODP submission. We expect to obtain both ODP approvals in the first half of 2018 as we continue to observe initiatives to shorten regulatory approval timelines to bring on new sources of domestic gas supply to meet ongoing exceptionally high natural gas demand growth.
"Sino Gas enters 2018 with strong momentum with the submission of both ODPs, recently announced substantial gas price increase for Sanjiaobei production and record total production rates”.