Seems like the first step in further ties beginning to unfold- obviously great news that CNPC has taken such a keen interest in the company and the technology. Thought this paragraph foretold of perhaps things to come:
- Appointment of HQCEC, or an affiliate of HQCEC or CNPC, as the sole Engineering, Procurement,
Construction and Commissioning (EPC) contractor for Gladstone LNG
-Consideration by HQCEC and CNPC, or an affiliate of CNPC, as to their involvement in Gladstone
LNG, including direct investment in Gladstone LNG, purchase of the proposed initial 3 million tonne
per annum LNG production capacity from Gladstone LNG?s first two LNG trains and financing of
Gladstone LNG to promote the development of Gladstone LNG
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- announcement text
announcement text, page-3
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