On March 2nd, Liu Jishen, General Manager of Xinneng Chemical Group — a subsidiary of Hebei Xin'ao Group — revealed at the "China DME Summit Forum" that the Chinese government is currently planning two major gas pipeline projects. One of them will stretch from Inner Mongolia's Ordos region to Jinzhou Port, while the other will run from Bohai Bay to the western part of Inner Mongolia. These pipelines are designed to address the challenges of long-distance methanol transportation and are expected to be China’s first dedicated methanol transport infrastructure. However, it's important to note that the project is still in the early stages of planning and has not yet received official approval. The New Austrian Group, which has been active in clean energy since its founding in 1989, has shown strong interest in this initiative. The group includes three listed companies: Xinao Gas (2688.HK), Enric (3899.HK), and Hebei Weiyuan Biochemical Corporation (600803.SH). In January 2024, the New Austrian Group partnered with the Ordos City Development and Reform Commission to initiate a long-distance pipeline project from Inner Mongolia to Bohai Bay. According to Liu Jishen, while the company is one of the key participants, the project will be planned at the national level and executed by local authorities. Multiple enterprises, including the New Austrian Group, will collaborate on its construction. Liu emphasized that the project is still in the preparatory phase and remains subject to further approvals. Nonetheless, the group is committed to playing an active role in its development, aiming to address future challenges related to the transportation of ethanol and dimethyl ether (DME). Beyond the pipeline initiative, the New Austrian Group has also formed two joint ventures focused on railway transportation, with the goal of facilitating the movement of DME and ethanol in the growing market. When asked about the timeline for the pipeline's completion, Liu said, “It will depend on the country's unified planning and the local government's arrangements. All preliminary work is already underway.” As global oil prices continue to rise, alternative energy strategies have gained momentum worldwide. Liu Jishen believes that coal-based fuels, particularly clean alcohol and ether fuels, will play a crucial role in China due to its limited oil and natural gas reserves but abundant coal resources. Dimethyl ether (DME), with properties similar to liquefied petroleum gas, is seen as a promising substitute for diesel and LPG, and could become a major energy source in the 21st century. According to the National Development and Reform Commission, DME production is expected to reach 10 million tons by 2020. As competition in the energy sector intensifies, logistics and transportation capabilities will become increasingly vital. Guo Xuezhi, Deputy General Manager of New Energy Supply Chain Co., Ltd., added that with the rapid growth of methanol production in Ordos, transportation and logistics remain the main factors affecting methanol pricing.

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