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Sinopec signs LNG supply deal with Perusahaan Gas Negara

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LNG Industry,

Reuters is reporting that PT Perusahaan Gas Negara (PGN) has signed an agreement to sell LNG to Sinopec.

Sinopec has placed an order for at least six cargoes of LNG, with the first delivery expected in January.

PGN reportedly expects to secure supplies of LNG from both domestic and overseas gas field sources to satisfy its client’s needs. These sources will apparently include gas fields owned by its parent company, PT Pertamina.

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