Zhejiang Natural Gas Development Co., Ltd. was established on December 26, 2001, it is authorized by Zhejiang provincial government which engaged in the province's natural gas construction and operation, Zhejiang Province Energy Group invested total value of 53%, 37% value from sea oil and natural gas and power limited liability company, Zhejiang southeast Electric Power Co., Ltd. funded 10%, the company registered capital of 9.3 billion. Companies to implement the west gas to east plan . the development of the East China Sea oil and gas (LNG) as an opportunity. to protect Zhejiang's energy security, optimize the energy structure, improve the atmospheric environment, and promote the process of urban gasification, and strive to accelerate the development and utilization of natural gas and natural gas industry development.