China Natural Gas Ready For Nasdaq, Thinks Bigger
China Natural Gas Inc is speeding up its expansion plans and looking to a Nasdaq listing as soaring crude oil prices make cleaner energies more attractive, Chief Financial Officer Guo Lihong said on Monday. The provider of compressed natural gas (CNG) and liquefied natural gas (LNG) believes China's efforts to protect its environment and reduce its reliance on coal augurs well for its growth prospects, she told a visiting group of U.S investors. "We aim to become China's No.1 in terms of CNG filling stations within the next two or three years," Guo said.