Vantage Global: ETG - Energy Development & Advisory Company
The Chen family, owner of Energy Transportation Group (ETG), has played a significant role in international commerce and economic development for over 100 years, partnering with governments and major state companies.
Among the notable accomplishments of the Chen family are:
People’s Republic of China (PRC), 1995-2010 — Design of policy for, and participation in development of, PRC Liquefied Natural Gas (LNG) transportation capability;
Indonesia / Japan, 1972-1998 — Development of the LNG transportation capability for LNG exports by the state hydrocarbon company, Pertamina;
Liberia, 1978-1982 — Development of transportation capability for export of key agricultural and mining products for the government of Liberia;
Taiwan, 1970’s — Development of the state shipyard, China Shipbuilding;
Turkey, 1950’s — Modernization of the Turkish fleet for the Turkish government;
China, Late 19th Century — Development of railways, ocean shipping, banking and telegraph systems for the Imperial Government.
Energy Transporation Group, Inc., the primary Chen commercial enterprise, was formed in 1972 and headquartered in New York City.
Key energy-sector accomplishments of ETG include:
2003-2010: China LNG shipping — Advising on and investing in China’s US$ 1 billion (as of December, 2009) LNG fleet.
1993-1997: Romania LP Gas infrastructure — Development of a US $200 million LP Gas cryogenic fuel terminal and import project with the state energy sector of Romania.
1972-1977: Indonesia-Japan LNG shipping — Finance, construction and operation of an 8-ship US$ 1 billion LNG fleet serving start-up and growth of the Indonesia-Japan LNG trade.
1972-2010: Advisor to national governments — Adviser to many countries, including Argentina, India, Liberia, Oman, Qatar, Pakistan, Germany, Turkey, China, Portugal, Brazil and the USA.