Liangjiang New Area Property Development Co., Ltd. in Chongqing signed a strategic cooperation agreement with China National Petroleum Corporation (CNPC) days ago.

According to the agreement, the two sides will jointly establish a joint venture to guarantee the energy supply in the industrial development zones of Liangjiang New Area, further improve the investment environment and promote the social and economic development of the new area.

The first batch of 8 gas and gasoline stations will be put into construction in 2013. Among which, five to six stations are expected to be completed and put into service this year, guaranteeing the energy supply in the new area.