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China HK Power Enters Cooperation Deal With Al-Qimmah Energy

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-- China HK Power Smart Energy Group (HKG:0931) entered into an oil and gas resources and trade cooperation agreement with Al-Qimmah Energy FZCO, according to a Hong Kong bourse filing Tuesday.

Under the agreement, Al-Qimmah will supply oil and gas to China HK Power for sale to the international market.

Both sides also plan to invest in global oil and gas assets, including a new coastal liquefied natural gas terminal in China.

As part of the cooperation, Al-Qimmah also plans to invest in China HK Power shares.

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