Document:

EXHIBIT
      10.2

    (English
      Translation)

    

    Da
      Shi Qiao Gas Pipeline Construction Project

    Investment
      Agreement

    

    Between:

    Party
      A:
      Da Shi Qiao Urban and Rural construction Bureau

    Party
      B:
      TianJin Singocean Gas Co Ltd., 

    

    Project
      Name:

    Da
      Shi
      Qiao Gas Pipeline Project

    Project
      Detail:

    Party
      B
      will invest in gas pipeline extension project in Da Shi Qiao Urban area in
      order
      to replace current bottled LNG. Party B will supply gas for residents. Party
      B
      also supply gas to industry and public facilities if possible. 

    

    Resources
      of Gas:

    CNG
      in
      the near future and Natural gas or mixed gas in long term. Thermal value of
      gas
      should be 9000-12000kc/m3.

    

    Project
      Investment、scale
      and construction phase:

     

    
      	1  、  	
              Total
                investment (RMB): 100 million

            

    

    
      	 	 

      	2  、  	
              Scale:
                

            

      	 	1st
              phase: 3,000 users

      	 	2nd
              phase: 15,000 users 

      	 	3rd
              phase: 22,000 users

      	 	 

      	3 、 	Construction phase: 

      	 	1st
              phase: from September to December 2003

      	 	2nd
              phase: from January to December 2004

      	 	3rd
              phase: from January to December
              2005

    

     

    Party
      A’s Responsibility

     

    
      	1  、 	
              Party
                A will work with local government for undertaking the project from
                ex-investor to current investor. The take over is based on that the
                previously construction is completed in accordance with project design
                requirement. 

            

      	 	 

      	2  、 	
              Party
                A will be in charge of verification on the previously completed
                construction.

            

      	 	 

      	3  、 	
              The
                project design and construction plan of Party B will put in practice
                only
                after getting the approval from Party A 

            

      	 	 

      	4  、 	
              Party
                A claim that all residential projects on new construction、reconstruction
                and continuous construction include in the installation of gas pipeline
                project. The gas pipeline installation fee will account into the
                costs of
                construction, without it the project will not be designed、approved
                and examined. 

            

      	 	 

      	5  、 	
              Party
                A will not program and give approval to any gas pipeline projects
                if Party
                B can fulfill the gas supply to end users in the urban
                area.

            

      	 	 

       

      
        	6  、 	
                The
                  active supporting policy to Party B can be compared to ex-investors
                  and
                  the government will renew the files to
                  confirm.

              

      

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    Party
      B’s Responsibility

     

    
      
        	1  、 	
                
                  Party
                    B will and establish and register a subsidiary company, the company
                    will
                    be in charge of the construction of the project、management
                    and the collection of connection fee. The company will operate
                    independently and take its own responsibility of profits and
                    losses.

                

              

      

      
        
          	 	
                   

                

        

        
          
            
              	2  、 	
                      
                        Party
                          B agree to takeover the auditing process of previous project
                          and continue
                          to complete the unfinished gas pipeline project in Da Shi
                          Qiao. Party B
                          will accept the takeover principles and means between Party
                          A and Party
                          B.

                      

                    

            

            
              
                	 	
                         

                      

              

              
                
                  	3  、 	
                          
                            The
                              project construction need go along with the city programming
                              and design
                              scheme and project design documents by ShenYang Gas
                              Design institute of
                              Construction Ministry. 

                          

                        

                

                
                  
                    	 	
                             

                          

                  

                  
                    
                      	4  、 	
                              
                                Party
                                  B will insure the completion of the gas factory、main
                                  gas pipeline and part of branch pipeline. Party
                                  B also insure gas
                                  connection to end user even the number of users
                                  less than 3,000. Party B
                                  will ensure to transfer 25 million RMB to assigned
                                  bank account within 15
                                  days after the execution of this agreement for
                                  construction of gas
                                  pipeline (12 million RMB for purchase the previous
                                  project and 13 million
                                  RMB for the construction fee of the first
                                  phase).

                              

                            

                    

                    
                      
                        	 	
                                 

                              

                      

                      
                        
                          	5 、 	
                                  
                                    In
                                      order to guarantee the project quality, the
                                      purchase of equipment and
                                      materials will be in accordance with the requirement
                                      of design and
                                      national standard and the project will be restrictedly
                                      comply the standard
                                      of ISO9001:2000.

                                  

                                

                        

                        
                          
                            	 	
                                     

                                  

                          

                          
                            
                              	6  、 	
                                      
                                        For
                                          the safety purpose, Party B will install
                                          necessary equipments. The gas
                                          price will be approved by the Da Shi Qiao
                                          price
                                          bureau.

                                      

                                    

                              	 	 

                              	7  、 	
                                      Party
                                        B promise:

                                    

                              	 	 

                              	(1)  	
                                      Gas
                                        supply will take low profit policy and the
                                        gas price will lower than other
                                        cities nearby.

                                    

                              	(2)  	The connection fee will
                                      be collected in once two months
                                      after the use of gas by the end users.

                              	(3)  	
                                      If
                                        the gas pipeline will connect with natural
                                        gas pipeline, Party B will be
                                        responsible for all costs and the users will
                                        not repay any connection
                                        fee.

                                    

                            

                            
                              	(4)  	
                                      The
                                        connection fee by each user will be transferable
                                        with its
                                        property.

                                    

                            

                          

                        

                      

                    

                  

                

              

            

          

        

      

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    Gas
      price and the collection of connection fee 

     

    
      	1  、	
              
                The
                  gas sale price will take the low price principle and follow the
                  market
                  price. According to the feasibility study, the gas price will not
                  higher
                  than 3.4 yuan/m3 for the residents and 3.6 yuan/m3 for the public
                  facility. The gas price will be approved by the Da Shi Qiao price
                  Bureau.
                  

              

            

      	 	 

      	2 、 	
              The
                connection fee of each user will not be higher than 2600 yuan (exclude
                alarm equipment and IC card). The connection fee of non-resident
                users
                will depend on the gas consumption, the standard will not be higher
                than
                5100--10000 yuan/10kc.

            

      	 	 

      	3 、 	
              The
                construction fee and connection fee on new construction、reconstruction
                and continuous construction projects will sign the new agreement
                between
                project constructor and Party B under the negotiation of Gas department
                Construction Bureau. The connection on end users will be charged
                two
                months after the successful gas
                supply.

            

    

     

    Other
      general terms:

     

    
      	1  、  	
              Party
                A and Party B will organize a team for project
                development.

            

      	 	 

    

    
      	2  、  	
              After
                the execution of this agreement, if a party withdraws the project
                without
                the agreement of the non-withdrawing Party, the withdrawing Party
                will
                take the full responsibility.

            

      	 	 

    

    
      	3  、  	
              Party
                A and Party B will strictly execute this
                agreement.

            

      	 	 

    

    
      	4  、  	
              This
                agreement will be executed after the signature of each Party, Each
                Party
                takes 3 copies of this agreement.

            

      	 	 

    

    
      	5  、  	
              If
                any disputes raise between both Parties, each Party can take the
                legal
                action to the local court.EXHIBIT
      10.3

    (English
      Translation)

    

    Investment
      Agreement of gas pipe project construction in A Cheng

    

    Party
      A: Construction Bureau of A Cheng

    Party
      B: Tianjin Singocean public utilities development Co. Ltd

    

    1.
      Project summary and business model

     

    1.1
      Party
      A permits Party B to invest and manage the gas pipe in A Cheng. The time lasts
      30 years. Party B enjoys all own right and manage right of all invest projects.
      

     

    1.2
      Project content: Party B responds for consummation gas pipe, planning,
      designing, construction and supplying of gas stations.

     

    1.3
      Gas
      resource: Compressed nature gas 

     

    1.4
      Implementing plan: concentrated gas supply by great gas pipeline
      nets.

     

    1.5
      Operating means: Party B registers a subsidiary company in A Cheng.

     

    1.6
      Charging criterion: connection fee costs 2000 RMB per user.

     

    2. 
      The timeline of the project

     

    The
      gas
      pipe line project would be implemented by phases in accordance with urban
      construction.

     

    3.
       Interest and responsibility of Party A

     

    3.1
      Party
      A brings the preferential policies for Party B, for example, reducing the
      necessary expense of urban construction, and so on.

     

    3.2
      Party
      A respond for initiation new construction and under construction with gas pipe
      supply.

     

    3.3
      Party
      A bring Party B the compensation for reconstruction and moving of gas pipe
      line
      as necessary of urban development.

     

    3.4
      Party
      A responds for coordinating the relations among the functional departments
      during the construction time.

     

    3.5
      Party
      A responds for bringing the temporary place for pipe stacking.

     

    4. 
       Interest and responsibility of Party B

     

    4.1
      Party
      B responds for united planning, designing, construction, supplying, managing,
      maintaining for gas pipe line and gas stations. Party B signs the gas supply
      agreement with every user to guarantee long time gas supplying and safely gas
      supplying.

     

    4.2
      Party
      B guarantees the quality of the project and brings the excellent
      service.

     

    4.3
      Party
      B establishes the regulations and orders in order to supply gas
      safely.

     

    4.4
      Party
      B should be accepted the surveillance, management and instruction from local
      government and obeys the related laws of A Cheng.

     

    4.5
      Party
      B responds for all safety incident by the pipe construction and preparing for
      gas supply.

     

    4.6
      Party
      B pays the total invest cost for project construction and all taxes and fees
      during the process of this project. Party B takes the charge of all benefit
      and
      debt during the operation process.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    5.
      This
      agreement is made and entered into this on 10 of June, 2005 and between Party
      A
      and Party B. Violation side would pay the opposite party the fact economic
      loss
      in accordance with the law.

     

    6.
      Others:

     

    6.1
      The
      dispute would be solved through discussion by both Parties. Should a dispute
      arise between the Parties regarding this Agreement which cannot be resolved
      through amicable discussions between the Parties then, either Party may call
      for
      the local Court.

     

    6.2
      This
      agreement will be executed after both parties signed and sealed. Both parties
      take four copies.

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