CNOOC sells 90 000 t of LNG
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.
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/18042018/cnooc-sells-90-000-t-of-lng/
You might also like
EIA: US natural gas trade will continue to grow with the start-up of new LNG export projects
The U.S. Energy Information Administration’s recently released Short-Term Energy Outlook forecasts that US LNG exports will continue to lead growth in US natural gas trade as three LNG export projects currently under construction start operations and ramp up to full production by the end of 2025.