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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