China LNG Group to invest in Tumed Right Banner

China LNG Group said it has entered into a framework agreement to develop LNG businesses in Tumed Right Banner, Baotou City, Inner Mongolia.

Tumed Right Banner Business Bureau agreed to fully support the company to construct LNG refueling stations, storages and LNG distributed energy stations in Tumed Right Banner and transform the vehicles from using LNG fuel with energy related enterprises, China LNG said in a statement.

Tumed Right Banner Business Bureau also agreed to support the company to invest in the development of production and processing of LNG from natural gas with energy related enterprises.