2010
02.01

BEIJING, Feb 01, 2010 /PRNewswire via COMTEX/ — LandStar Inc.’s (LDSR; http://www.landstarcorp.com) subsidiary Hubei Chuguan Industrial Co., Ltd. held a conference with the municipal government and created multi-million dollar opportunities for 2010.

Hubei Chuguan held a working conference with local government representatives on comprehensive management of oil and gas recovery in Zuhai City. The conference re-examined the plans for Environmental Protection Model City Zhuhai strives to become, and started implementing the country’s current energy-saving and emissions reduction policies in the city.

The municipal government set up a Work Leading Group Office that will work on the “Program of Comprehensive Management of Oil and Gas Recovery in Zhuhai”. The program will commence with testing, and prescribes that “the comprehensive management of oil and gas recovery in the city’s existing gas stations, oil depots and tankers must be completed before September 30, 2010. Pollution inspection of all the oil storage facilities, gas stations, oil and gas tanker should be completed by the end of 2010.” Oil and gas recovery treatment program will be submitted for the record within one month; the oil transport companies, storage companies must be put on files within two months. The enterprises, which fail to complete governance on time and fail to complete acceptance tests, will lose their operational license and emissions permissions and fail in annual review of operational qualifications, etc.

Marketing Director of Hubei Chuguan, Long Zegui, said, “This regulatory development creates tremendous opportunities for Hubei Chuguan. We worked long and hard and we have established a solid presence and a good working relationship with the municipal government in Zhuhai. This is a multi-million dollar opportunity and we helped the municipal government to forge it. Currently, there are 119 petrol filling stations, 101 oil tankers and 13 oil depots in the city. We expect many of these oil and gas recovery projects to come under our belt.”

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