LNG

China LNG Group Ltd., a Hong Kong-based company with assets along the value chain in mainland China, has said its billionaire Chief Executive Dr. Kan Che (Billy Albert) Kin, was stepping down while the company was also changing its name to better reflect its activities.

Chinese company CIMC Enric, a maker of ISO containers that carried the first cargo of Canadian LNG from Canada to China, said it signed an agreement to sell 275 of the containers to China LNG Group and at least 800 more before the end of the year.