LNG

The Rudong liquefied natural gas import terminal in the eastern Jiangsu Province of China and with LNG links to Canada is undergoing repairs after an accident and is not expected to be fully operational again until mid-November.

Kunlun Energy Co., a subsidiary of PetroChina, plans to sell upstream assets and may buy an LNG import terminal in northern China to go with the two it already operates and to expand its city-gas distribution business.

A Canadian LNG export project controlled by Indonesian billionaire Sukanto Tanoto and his Pacific Oil and Gas company has taken the lead as the first venture in British Columbia likely to be developed after years of planning in the province.