PetroAsian, China LNG Sign Non-Binding MoU

PetroAsian, China LNG Group Sign Non-Binding MoU

PetroAsian Energy said it has entered into a non-binding Memorandum of Understanding (MoU) with China LNG Group.

“Under the MoU, it is proposed that the company will cooperate with China LNG in developing the LNG businesses in China and/or to subscribe for number of new shares in China LNG or its subsidiaries,” PetroAsian said in a statement.

“The consideration for the possible transactions will be determined by further negotiation between the company and China LNG,” it added.

China LNG Group is specialised in domestic equipment sales, modification and maintenance services of LNG, LNG refuelling stations for vessels, ports and vehicle, and is a service provider of the LNG supply chain covering all the upstream, midstream and downstream segments in the industry, according to the statement.

LNG World News Staff, June 24, 2014

Share this article

Follow LNG World News

One thought on “PetroAsian, China LNG Sign Non-Binding MoU”

  1. Pingback: Ryan

Comments are closed.

Events>

<< Jan 2020 >>
MTWTFSS
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 2

LNG Pricing, Trading & Hedging: 3-Day Training Course – London / Mar 2020

This three-day training program provides a unique opportunity to learn and apply the practical skills…

read more >

American LNG Forum 2020

The American LNG Forum is your gateway to learning about the US LNG export industry,

read more >

2nd Global LNG Forum

Global LNG Forum is an exclusive networking and knowledge-sharing platform for top experts and business leaders in the industry.

read more >

LNG Pricing, Trading & Hedging: 3-Day Training Course – Houston / Feb 2020

This three-day training program provides a unique opportunity to learn and apply the practical skills, knowledge and tools needed to:…

read more >