C1 Energy (Shanghai) – Sep 9, 2010 ---Zhangjiagang Oriental Energy Co (ZOUEC) kicked off sales of imported LPG for resident use in both retail and wholesale market in Taizhou City of Zhejiang Province in East China, C1's survey showed.
The company's LPG filling station in Taizhou with storage capacity of over 200 cu m is expected to sell about 400mt of per month LPG to local residents.
"It is natural ZOUEC expanded its business to residential-consuming LPG market as homemade LPG prices were high on supply shortage," said a source with a local depot.
As C1 reported earlier, ZOUEC acquired a distributor in Taizhou City in Zhejiang in July, intending to exploit the retail market of imported LPG.