China Resources Gas Group Signs New Framework Agreement for Chenzhou Project

Reuters2025-12-30
China Resources Gas Group Signs New Framework Agreement for Chenzhou Project

China Resources Gas Group Limited has announced the signing of a new framework agreement dated 30 December 2025 between its subsidiary CR Gas Chenzhou and CR Sanjiu Chenzhou, relating to the Chenzhou Project. The agreement covers the period from 1 January 2026 to 31 December 2028 and pertains to the integrated supply of energy, including natural gas and multiple thermal energy sources. Under the agreement, CR Gas Chenzhou will be responsible for the installation and maintenance of meters, with monthly payments to be made by CR Sanjiu Chenzhou based on estimated energy consumption, and final settlement according to actual usage. The agreement stipulates that energy prices will not exceed market prices and aims to expand the company’s energy supply scope and customer base in the PRC.

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