China Natural Gas Announces Date for Second Quarter 2007 Financial Results
07 August 2007 - 3:30PM
PR Newswire (US)
NEW YORK, Aug. 7 /PRNewswire-FirstCall/ -- China Natural Gas, Inc.
(OTC:CHNG) (BULLETIN BOARD: CHNG) , one of the leading providers of
compressed natural gas (CNG) for vehicular fuel in Xi'an, China,
today announced that it plans to release second quarter 2007
financial results via a press release after the market closes on
Tuesday, August 14, 2007. About China Natural Gas, Inc. China
Natural Gas, Inc., ("CHNG"), is the first China-based natural gas
company publicly traded in the US. It currently owns and operates a
120 kilometer long compressed natural gas pipeline in Xi'an, China,
a fast growing Chinese city supported by a population of
approximately eight million and is the "gateway" to the broad
Western regions of China. CHNG has three profitable business
segments: end user delivery of natural gas services to residential,
commercial and industrial customers; wholesale natural gas to
retail natural gas filling stations; and retail natural gas at
company-owned natural gas filling stations. The city of Xi'an has
approximately 20,000 taxis, 3,000 buses and 2,000 special purpose
vehicles that are powered by compressed natural gas. This press
release may contain forward-looking statements. These statements
are based on the current expectations or beliefs of China Natural
Gas, Inc. management and are subject to a number of factors and
uncertainties that could cause actual results to differ materially
from those described in the forward-looking statements, including
the fluctuation of natural gas prices, the availability of natural
gas supplies, changes in governmental regulations and/or economic
policies. DATASOURCE: China Natural Gas, Inc. CONTACT: Investor
Relations, Ashley Ammon MacFarlane or Bill Zima, both of Integrated
Corporate Relations, +1-203-682-8200, for China Natural Gas, Inc.
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