On 22 October 2025, Zhonghua Gas Holdings Limited (Stock Code: 8246) reached a project technical consultation agreement with Shandong Longzhong Information Technology Co., Ltd. to advance feasibility studies on developing a fuel oil and natural gas supply network in the Lao People's Democratic Republic. According to the announcement, Shandong Longzhong’s market research and consulting services are intended to ensure that the upcoming feasibility report meets the requirements of Laos’s relevant government authorities.
Shandong Longzhong is recognized for providing industry information and price indices in the energy and chemical sectors, covering over 800 product categories. The announcement notes that the feasibility report, to be submitted within two months, will analyze project location conditions while adhering to regulations set by the Lao government.
Zhonghua Gas aims to diversify its business portfolio through potential expansion into refined oil and gas markets in the Lao PDR. However, the announcement states that the outcome of the feasibility studies will determine whether or not the strategic cooperation proceeds. Investors are therefore advised to exercise caution when monitoring developments related to this project.