Common Contracts
1 similar Cooperation Agreements contracts
COOPERATION FRAMEWORK AGREEMENTS WITH CHINA SAM ENTERPRISE GROUP CO., LTD. ANDCooperation Agreements • September 2nd, 2019
This cooperation is in line with national industry policy orientation on natural gas, and will improve the profitability and industry competitiveness of the LNG industry chain which the Company has deployed for the past three years. Meanwhile, it will alleviate the gas supply tension in the Yangtze River Delta and Pearl River Delta, two major core LNG consumption markets in China. The entering into of the agreements was based on the background of equity cooperation between China Sam and Sinoenergy Corp. In order to effectively facilitate the acquisition and merger process and trigger more synergies and effects of complementary advantages, China Sam introduced the Company to participate in the cooperation and made full use of the Company’s operation experiences and industry chain resources in the LNG business. Thus, the three parties will leverage on their respective advantages, benefit mutually and cooperate, jointly developing the natural gas market. Sinoenergy Corp has two LNG receiv
