Why Clean Energy Technologies Shares Are Gaining Today

Loading...
Loading...
  • Clean Energy Technologies Inc CETY shares are up over 32% Thursday as its subsidiary JSJ obtained certification to access the China Natural Gas Pipeline Network Group Co Ltd (NGPNG).
  • With the certification, CETY becomes eligible to use the natural gas storage and transportation infrastructure of the NGPNG, spanning the entire territory of China.
  • The certification also allows CETY to access international imports of natural gas (NG) and sell through the NGPNG network.
  • The company has secured a total supply to sell up to 40 million cubic meters of natural gas for the rest of 2023, helping it to expand its distribution network.
  • "This certification is a significant step for CETY as we have received China's national recognition and acceptance as the NGPNG plays a vital role in forming a national network for the interconnection of main pipelines," said CEO Kam Mahdi.
  • Price Action: CETY shares are trading higher by 32.19% at $3.08 on the last check Thursday.
Market News and Data brought to you by Benzinga APIs
Posted In: NewsPenny StocksMoversGeneralBriefswhy it's moving
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...