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Established in 1996, China Kingho Energy Group has grown into an energy resources Group, comprising around 50 independent corporations and subsidiaries which include Inner Mogolia Kingho, Qinghai Kingho, Ningxia Kingho and Sinkiang Kingho. Its businesses are distributed across a number of countries and regions at home and abroad. China Kingho has, for many years in a row, been entitled to be agTop 100 Coal Companies in Chinah and gTop 500 Private Enterprises in Chinah.
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July 13 2011Sakhalin to increase its coal exports by 2017
The Russian island of Sakhalin is looking to expand its coal export volume from the present 1 mtpa to 5-6 mtpa by 2017 to meet growing Asian demand.The regional government is planning to focus on the energy centre of the islandfs western coast, with the project implying development of a surface coal mine, construction of a coal-fired power plant and the Uglegorsk-Ilyinsky rail line to link the local collieries with the islandfs railway system and the western shorefs largest seaport of Kholmsk.
According to Sakhalin governor Aleksandr Khoroshavin, implementation of the project will take about seven years and is likely to attract Japanese and South-Korean investors.
In the meantime, Sakhalin-based SAS-Service has signed a protocol on co-operation with Inner Mongolia Kingho, a member of China Kingho Group.
The signing affirms the Chinese groupfs readiness to invest US$1.5B in the upgrading of the port of Poronaysk on Sakhalinfs eastern coast to increase its coal handling capacity.