Sinopec seeks to import more spot LNG, expand shale gas production
Monday, 08 February 2021
China Petroleum and Chemical Corp. (Sinopec) seeks more volumes on the spot market after the nation’s economic planning body NDRC urged companies to increase imports of LNG and thermal coal for power generation. PetroChina, the Hong Kong-listed affiliate of CNPC, and Sinopec also said they would be increasing shale-gas production.
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