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Chinese company to help produce liquefied natural gas in the Far East - EastRussia | Far East

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Chinese company will help produce liquefied natural gas in the Far East

Chinese company Guangdong Jovo Energy Group Corporation, Ltd. plans to implement projects for the extraction and production of liquefied natural gas in the Russian Far East. The investor has already signed a cooperation agreement with the Agency of the Far East for attracting investments and supporting exports (ANO API).

An investor from the PRC is ready to participate in projects in the development and exploitation of gas fields and the production of liquefied natural gas. According to the press service of ANO API, the company intends to invest in the construction of LNG plants and in the production of gas chemical products.

The agency, in turn, intends to expand cooperation with Chinese entrepreneurs. At the same time, investors are ready to offer not only projects in the subsoil use, but also in the areas of agriculture, the development of mineral resources, and deep processing of forests.