ERDOS SEPMEM ENERGY LLC.

Erdos Sepmem Energy Co., Ltd. was founded in February of 2018, it has a program to set up an LNG project which has a processing capacity of two million cubic meters per day, the project is about 200,000 square meters in size and planned to be funded with 700 million RMB.

Government has issued a license for this project, local office of the state grid has given consent for power supply. A negotiation between local government and SINOPEC is ongoing to ensure gas supply.

This project is planned to get started in August of 2018 and expected to be in operation since 2020.