News - "Belt and Road" adds a new chapter: HOUPU and Papua New Guinea National Oil Company to open a new benchmark for the comprehensive application of natural gas
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“Belt and Road” adds a new chapter: HOUPU and Papua New Guinea National Oil Company to open a new benchmark for the comprehensive application of natural gas

On March 23,2025, HOUPU (300471), Papua New Guinea National Oil Corporation and TWL Group, the local strategic partner TWL, officially signed the cooperation certificate. Wang Jiwen, chairman of HOUPU, attended the signing of the certificate, and Prime Minister of Papua New Guinea Malappe attended the scene to witness, marking that the transnational cooperation project has entered the substantive stage.

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signing ceremony

 

Since the launch of the project in 2023, HOUPU has given full play to the vitality of Chinese private enterprises and its resource integration ability. After three years of consultation and field research, it has finally reached a consensus with various strategic partners. The project covers the expansion of natural gas processing, liquefaction processing and natural gas application terminal market. Through the construction of an integrated energy industrial ecology, China's advanced natural gas application technology and rich experience will be introduced into Papua New Guinea, optimize the energy supply structure of Papua New Guinea, and inject strong momentum into the economic development of Papua New Guinea.

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Chairman Wang Jiwen (third from left), Prime Minister of Papua New Guinea Malappe (middle) and other leaders took a group photo:

 
In the face of global energy reform,HOUPU has achieved a breakthrough through the mode of "technology to the world", which not only combines China's experience of carbon peak and carbon neutrality with natural resources in Papua New Guinea, but also provides a new paradigm for private enterprises to go overseas, and highlights the comprehensive competitiveness of Chinese intelligent manufacturing in the international market. With the launch of the project, this South Pacific land is expected to set a new benchmark for China's solutions in global energy governance.

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Post time: Mar-28-2025

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