Peabody and Yankuang to Develop $4 bln CTG Project in Xinjiang

U.S.-based Peabody Energy Corp. and Yankuang Group Corp. Ltd. plan to jointly invest RMB 26 billion ($4.08 billion) on a coal-to-gas (CTG) project in the Xinjiang Uyghur Autonomous Region, Zhang Minglin, vice general manager of Yankuang, told Interfax Nov. 22. (Edited by EnergyChinaForum.com. For more information, please email to: info@energychinaforum.com)

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(Interfax, Nov 22, 2011)