Published by
Joseph Green,
Editor
LNG Industry,
Reuters are reporting that China National Offshore Oil Corp (CNOOC) has sold 90 000 t of LNG for delivery in July and November in its first such auction on the Shanghai Petroleum and Gas Exchange.
The sale included 60 000 t for delivery in July and 30 000 t for September.
An official said the company would not disclose prices agreed, but said they were “relatively low” compared with market expectations.
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