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March 30 th, 2004

Beihai XinAo Gas Company Limited (China) signed 150,000Nm 3/day LNG plant contract with Kryopak

A contract was signed today between the Beihai XinAo Gas Company Limited and Kryopak Company (d.b.a. Salof Refrigeration Co., Inc.) for the design and manufacture of a 150,000Nm 3/day Liquid Natural Gas (LNG) liquefaction plant. The LNG plant will be located on Weizhou Island, which is approximately 21 miles south of Beihai City , Guangxi Province , PR China.

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