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Within the framework of the agreement, Xinxing Petroleum will cooperate with Enlerx and the Aershan Municipal Government to develop geothermal resources in the region. This will play an active role in further expanding the scale of geothermal development and promoting the development of geothermal industrialization. Source China Petroleum & Chemical Corporation
Sinopec and Enerke of Iceland Collaborate to Develop Inner Mongolia Geothermal Resources
On September 12, Sinopec Xinxing Petroleum Company signed a cooperation agreement on the development of geothermal resources with representatives from Enerkes Corporation in Iceland and the government of Aershan City, Inner Mongolia Autonomous Region. Icelandic President Grimsson attended the signing ceremony held at the Icelandic Embassy in Beijing.