Pipelines, meters, household connections to be completed by 2021; project will cut China coal demand by 650,000 tons annually
The Asian Infrastructure Investment Bank’s (AIIB) approved a US$250 million loan for a project that will connect about 216,750 households in approximately 510 rural villages to the natural gas distribution network in China.

The investment in the project represents AIIB’s first corporate loan. The project, undertaken by the Beijing Gas Group Company, will involve the construction of natural gas distribution networks i...

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