
Zhenhua Oil forms new business unit to invest in LNG
According to Reuters, Zhenhua Oil Corp. – a Chinese company and subsidiary of Chinese defence conglomerate Norinco – has established a new business unit, which will invest in LNG terminals.
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According to Reuters, Zhenhua Oil Corp. – a Chinese company and subsidiary of Chinese defence conglomerate Norinco – has established a new business unit, which will invest in LNG terminals.

China’s CNOOC is expanding its LNG receiving terminal in southern province of Hainan to boost sales of gas carried by trucks or smaller tankers.

PetroChina Ltd is in advanced discussions with Qatar to purchase LNG under short- and long-term agreements.

ENN has taken delivery of an LNG cargo for China’s first major private LNG import terminal.

US LNG exports to China in July fell to their lowest level in the last 12 months as utilities have begun to seek alternative sources.

Exxon Mobil’s Papua New Guinea LNG export facility is currently offering a cargo for delivery in September.

China’s proposed tariffs on US LNG and crude oil exports opens a new front in the trade war between the two countries.

NDRC opening access to LNG terminals and storage to third parties.

Reports suggest that the China National Offshore Oil Company has commenced operations at its new Shenzhen terminal.

The "Research Report on China's Shipbuilding Industry, 2018 – 2022" report has been added to ResearchAndMarkets.com's offering.

According to the new announcement, the emission control areas (ECAs) will be extended to along China’s entire coastline from 2019.

Trade spat could deter long-term buyers of US fuel.