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natural gas pipeline investments in China


Largo Vista Group, Ltd. Investments i- News Releases

April 20, 2004

Largo Vista Developing LPG Consortium in Guizhou Province, China; Possible Ownership of LPG Depot Being Negotiated

NEWPORT BEACH, Calif., April 20 /PRNewswire-FirstCall/ -- Largo Vista Group, Ltd. (OTC Bulletin Board: LGOV - News), (http://www.largovista.com) an international energy trading and service company with headquarters in the U.S. and offices in China and Vietnam, today announced it has reached an agreement to end its lease of an LPG (liquid petroleum gas) depot in Zunyi, China. "The termination of the agreement significantly lowers Largo Vista's overhead and allows the Company to continue its LPG retail and wholesale operations in Zunyi, including its LPG pipeline construction business," said Denise Deng, Largo Vista's General Manager in Zunyi.

"We are attempting to form a consortium of smaller LPG distributors, creating an opportunity for them to purchase part of another LPG depot with the assistance of our lending institution," Denise said. "These retail outlets will become co-owners of the depot and will be able to take advantage of wholesale pricing of the LPG. Largo Vista will remain the majority owner of its depot. The advantage to Largo Vista is that the smaller companies are locked into the business from the start, which will support the operations of the depot."

"The response to join us by smaller LPG operations has been promising," said Ms Deng. "We are confident that this business strategy will pay significant dividends for Largo Vista, its shareholders, and our future partners."

Largo Vista has completed the only LPG pipeline project in Zunyi, one of the major cities in Guizhou Province, population 40 million, and is developing a second pipeline project there. It has announced the potential to build more pipelines in that city. LPG is an affordable, environmentally sound alternative to the traditional use of coal or wood to cook or heat the home.

Forward-Looking Statements

Certain statements included herein may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. These risks and uncertainties, and certain other related factors, are discussed in the Company's Form 10-KSB, Form 10-QSB and other filings with the Securities and Exchange Commission. These forward-looking statements are made as of this date and the Company assumes no obligation to update such forward-looking statements as a result of a number of factors. These risks and uncertainties, and certain other related factors, are discussed in the Company's Form 10-K, Form 10-Q and other filings with the Securities and Exchange Commission. These forward-looking statements are made as of the date of this release and the Company assumes no obligation to update such forward-looking statements.

Contact:
Largo Vista Group
Investor Relations, 949-252-2180

Source: Largo Vista Group, Ltd.

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Largo Vista Group, Ltd. China Energy Natural Gas Pipelines United States Corporate Office
4570 Campus Drive
China Energy Natural Gas Pipelines Newport Beach, California 92660
Phone: (949) 252-2180 China Energy Natural Gas Pipelines Fax: (949) 252-2181
E-mail:

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natural gas pipelines investments in china
natural gas pipelines investments in china