(EnergyAsia, October 16) — China’s recent deal to import liquefied natural gas (LNG) from Malaysia may set a new pricing benchmark for the Asian market. CNOOC chairman Fu Chengyu told local media that the deal with Malaysia’s Petronas to supply an upcoming terminal in Shanghai could become a standard for regional LNG pricing. …
CHINA: CNOOC-Petronas deal seen as setting LNG benchmark price for Asia
Posted on October 31, 2006 by EnergyAsia