ALUMINIUM producer AEI Corporation on Monday said it has entered into a"framework agreement" with Zhongneng International Gas Co to potentially collaborate on business activities involving liquefied natural gas .
Among other things, Beijing-incorporated ZNI is in the business of importing and purchasing LNG, warehousing logistics and equipment manufacturing. Zhongneng International Petrochemical Co, which is a China state-owned enterprise, holds a 51 per cent stake in ZNI. AEI also plans to participate in the establishment of structured funds for the related LNG logistics facilities and trade investment, the company noted.
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