China LNG Group to develop LNG business in Mongolia

China LNG Group to develop LNG business in Mongolia

China LNG Group entered into a strategic framework agreement with Baotou Rare Earth High-Tech Industrial Development Zone Committee to invest in LNG projects in Baotou City, Inner Mongolia. 


According to the agreement, the Baotou Development Zone Committee will support China LNG Group in developing the LNG business in Baotou Development Zone.

China LNG Group plans to set up two companies with the investments of $30 million and $50 million or above, respectively.

Companies will engage in LNG application and finance leasing businesses, including vehicle conversions to run on LNG as wells as building LNG refueling stations for passenger vehicles in the Baotou Development Zone.

 

Press Release, October 7, 2014

Share this article

Follow LNG World News

Events>

<< Aug 2019 >>
MTWTFSS
29 30 31 1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 31 1

5th CWC China LNG & Gas International Summit & Exhibition

5th CWC China LNG & Gas International Summit & Exhibition will return 16 – 17 October 2019, bringing together the key players…

read more >

LNG Pricing, Trading & Hedging Houston

LNG Pricing, Trading & Hedging training program has been completed by hundreds of leading traders, analysts, risk managers…

read more >

World Gas Series: Morocco Summit

Bringing together key players in the gas value chain in Morocco, the World Gas Series:

read more >

Offshore Energy Exhibition and Conference 2019

The three-day event includes an exhibition where an expected 600+ supply chain companies will showcase their products and services.

read more >