Randeep Grewal, chairman and founder of Green Dragon Gas Ltd. (LON:GDG) tells Proactive their development plan for the Qinshui Basin Chengzhuang Cooperative CBM Block (GCZ) has been approved by the Consultation Center of China National Petroleum Corporation (CNPC).

''What the plan does is allow us to get on with the execution ... with our close working partners CNPC over 2017/2018'', Grewal says.

''It's quite an exciting time for Green Dragon ... we've been waiting on this for quite a long time''.