Hong Kong and China Gas Co (HKSE:00003) Total Gas Pipeline Miles : 0.00 (As of . 20)

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What is Hong Kong and China Gas Co Total Gas Pipeline Miles?

A Gas Pipeline is a pipe used to transport gas from gas wells to the processing units and then to a distribution system. Longer gas pipeline miles indicate a larger area / more customers the company would cover, which might lead to a higher gas consumption and a higher revenue.

The historical rank and industry rank for Hong Kong and China Gas Co's Total Gas Pipeline Miles or its related term are showing as below:

HKSE:00003's Total Gas Pipeline Miles is not ranked ^*
in the Utilities - Regulated industry.
Industry Median:
* Ranked among companies with meaningful Total Gas Pipeline Miles only.

Hong Kong and China Gas Co Total Gas Pipeline Miles Historical Data

The historical data trend for Hong Kong and China Gas Co's Total Gas Pipeline Miles can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Hong Kong and China Gas Co Total Gas Pipeline Miles Chart

Hong Kong and China Gas Co (HKSE:00003) Total Gas Pipeline Miles Explanation

A Gas Pipeline is a pipe used to transport gas from gas wells to the processing units and then to a distribution system. Natural gas is directly delivered to homes or businesses through a broad network of Gas Pipelines. The Gas Pipelines are not only used to transport the gas in the local areas but also across international borders, as they are very useful to the countries that produce gas for export to other countries.

Longer gas pipeline miles indicate a larger area/ more customers the company would cover, which might lead to a higher gas consumption and a higher revenue.

The pipelines have three different forms and each of them serves a different purpose within its network:
• Pipelines with small diameters are used to transport the gas at low pressure from the wells to the processing units.
• Interstate, intrastate and international transmission pipelines are used to transport the gas with high-pressure from the processing units to the areas they are required to be transported. When gas is transported through these long pipelines, it is required to be passed through pumping stations to maintain the high pressure.
• Distribution pipelines are used to transport the gas through smaller pipes to the users.

Hong Kong and China Gas Co Total Gas Pipeline Miles Related Terms

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Hong Kong and China Gas Co (HKSE:00003) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Hong Kong and China Gas Co Ltd (HKSE:00003) » Definitions » Total Gas Pipeline Miles

Comparable Companies

Traded in Other Exchanges

HOKCY:USA HOKCF:USA HCG:Germany

Address

363 Java Road, 23rd Floor, North Point, Hong Kong, HKG

Website

http://www.towngas.com

Hong Kong and China Gas Co Ltd, is the oldest public utility company in Hong Kong. The company's core business comprises the production and distribution of town gas in Hong Kong, with a monopoly on distribution and retail. In the mainland, the company has a gas distribution business with 267 projects across 26 provinces. HKCG is also investing in water, upstream gas, and new energies. The business mix is approximately 90% gas utilities and 10% new energy. HKCG also holds a 15.8% stake in International Financial Center, a Grade A office building in the Hong Kong central business district.

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