HONG KONG, Mar 4, 2021 - (ACN Newswire via SEAPRWire.com) - China Gas Holdings Limited ("China Gas" or the "Group"; stock code: 384), a leading piped-gas operator in China, announced today that it has entered into a strategic cooperation framework agreement ("Agreement") with China Petrochemical Corporation ("Sinopec") on 4 March 2021. The Agreement will enable both parties to join forces and fully leverage each other's advantages in resources and downstream market, helping them engage in all-round cooperation in areas including natural gas procurement, liquefied natural gas ("LNG") receiving terminal utilisation, downstream gas projects, oil and gas (natural gas and hydrogen) stations/recharging poles and liquefied petroleum gas ("LPG") business. Both parties will therefore seize the immense opportunities generated from China's clean energy development and energy structure improvement. Under the Agreement, the Group will commence strategic cooperation with Sinopec in three main areas. In the natural gas business, both parties will study and cooperate in the establishment of a natural gas trading company. This trading company will be responsible for centralised procurement from Sin...