JovoEnergy plans to invest no more than 3.455 billion yuan to construct a coal-to-natural gas project in Xinjiang
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JovoEnergy plans to jointly invest in the Xinjiang coal-to-natural gas project with Xinjiang Qinghua Energy Group and Henan Future Silk Road Clean Energy Partnership. The total investment for the project is 23.033 billion yuan, with JovoEnergy's contribution not exceeding 3.455 billion yuan, sourced from its own funds or self-raised funds, and it is expected to hold a 50% stake in the project, producing 2 billion cubic meters of natural gas annually
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