Novatek has released a statement in response to the recent US Department of the Treasury’s OFAC order regarding sanctions against COSCO and its partners.
LNG Shipping - 01 October 2019
Sempra LNG has entered into a memorandum of understanding with China Three Gorges Corp. regarding a potential LNG supply deal.
US sanctions on COSCO have hit the LNG tanker industry, as Teekay LNG’s shipping joint venture in Russia has been blocked due to its ties to the company.
Sempra Energy has announced an agreement to sell its stake in Luz del Sur in Peru to China Yangtze Power International.