Jade Gas Advances Clean Energy in Mongolia
Company Announcements

Jade Gas Advances Clean Energy in Mongolia

Jade Gas Holdings Limited (AU:JGH) has released an update.

Jade Gas Holdings Ltd has signed an enhanced Memorandum of Understanding (MOU) with UB Metan to supply gas for a new LNG fueling station and another MOU with Mongolian Mining Corporation for LNG and gas for electricity. These agreements, as part of the March 2024 quarterly activities report, mark significant steps towards the commercialization of Jade’s gas assets and signal a move towards cleaner energy in Mongolia, with the potential to significantly reduce carbon emissions and reliance on diesel fuel imports.

For further insights into AU:JGH stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App