LNG

The France-based International Group of Liquefied Natural Gas Importers (GIIGNL) said the LNG industry was making progress in adopting a comprehensive framework developed by GIIGNL on certifying the offsetting of carbon content in LNG with a trial cargo sent from Australia to Taiwan.

PetroChina, the Hong Kong-listed arm of China National Petroleum Corp., reported a more than 60 percent drop in nine-month profits as pipeline natural gas and LNG imports continued to be loss-making.