ADB Supports Wuhan Gas Supplier

The Asian Development Bank (ADB) said on March 31 it had signed an agreement to lend $20mn to China Gas Holding (CGH) to support natural gas and liquefied petroleum gas deliveries to households, hospitals, industry and services crucial to the continuing respondse to the Covid-19 pandemic in Wuhan and other affected areas of the Hubei province.

CGH is the main gas supplier to households and commercial and industrial users in Wuhan, the original epicentre of the pandemic.

"I am very grateful to ADB for providing financing assistance to fight the coronavirus outbreak, based on our partnership to promote clean energy," said CGH chairman Liu Minghui in a statement. "We have been at the frontline since day one of the outbreak. We faced numerous difficulties to secure gas supply to households and satisfy the needs of medical institutions for emergency supplies. Through our online service platform and logistics system, we deliver not only gas but also food items that are essential to affected communities under lockdown."