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natural gas pipeline investments in China


Largo Vista Group, Ltd. Investments i- News Releases

October 12, 2004

Largo Vista Signs Contract to Develop LPG Service for 5,000 Homes

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Oct. 12, 2004--Largo Vista Group, Ltd. (OTCBB:LGOV - News) announced today that it has signed a contract to develop LPG (liquid petroleum gas) pipeline "Project Six" with a private developer in the Guizhou Province (population 40 million). The project consists of 5,000 residential homes that will be supplied with LPG by installing western-type gas lines, meters, and stoves. All of the LPG projects are under an exclusive 40-year supply contract with the company. "The acceleration of our LPG pipeline construction is obvious and we are now on our way to securing 10,000 customers with LPG service this year," stated Denise Deng, General Manager of LPG operations for Largo Vista Group, Ltd. in China. "The average LPG usage per household is approximately 70 RMB per month. This average is for cooking only." Ms. Deng further stated: "Beijing has ordered the end usage of coal and wood, which makes LPG the logical answer. NG is very limited, however, someday it might be readily available. The great thing is that our pipelines can handle either. We have made our own specialty or, as I heard someone say, our 'niche market,' where the majors are not pursuing the retail market or downstream business - they are positioning themselves for the future in the upstream side. This is our window. I see us in the early stages of a utility company with no end to our potential growth. China has the largest retail market potential for LPG in the world!"

Largo Vista Group, Ltd. has offices in the U.S., China, and Vietnam. They are receiving many inquires about the pipeline projects. LGOV is leading the way for new standards of operation in China and helped to organize the first LPG association, the Zunyi Gas Association, which regulates and coordinates with the Price Supervision Bureau to guarantee profits. For more information go to http://www.largovista.com/.

The forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially due to a variety of factors, including without limitation the company's ability to produce and market products and or services and other risks detailed from time to time in their company's reports with the Securities Exchange Commission.

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