Green Dragon Gas
Green Dragon is the parent company of Greka China, and is exclusively focused in gas industry in China. Green Dragon operates within China under its subsidiary Greka China Green Dragon is a gas supplier based in China with a focus on the production, development, production, distribution and sales of natural gas from coal seams, commonly known as coal bed methane or CBM. Our goal is to increase the degree of vertical integration in our operations. Greka China, a pioneer in the appraisal and development of CBM projects in China, generates our CBM supply from three projects in Shanxi, Jiangxi and Anhui province covering acreage holdings of a total of 6620 km 2 and an estimated 18.1 Tcf of Gas In Place.CBM distribution from these projects to customers are mainly in the form of Compressed Natural Gas (CNG) and to a lesser extent, via pipeline in the form of Piped Natural Gas (PNG). Greka China collaborate with CUCBM, a state-owned enterprise specializing in the niche oil and gas-related areas, in the development of our CBM reserves. Greka China has operational rights under the CUCBM Development Projects pursuant to production sharing contracts, PSCs with CUCBM.