The deal would make Australia China's largest supplier of LNG. The country has already clinched a record-breaking $19 billion deal to ship the super-cool, condensed fuel to a CNOOC terminal in South China's Guangdong Province for 25 years. Delivery will start next year.
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China To Import LNG From Australia
China plans to import more liquefied natural gas from Australia to China's east coast
China plans to import more liquefied natural gas from Australia to China's east coast, which would make the business the largest area of trade between the two countries.
Chinese oil companies, including China National Offshore Oil Corp and Sinopec, may also buy equity in some of Australia's largest gas projects, such as Gorgon, Browse and Sunrise.
The deal would make Australia China's largest supplier of LNG. The country has already clinched a record-breaking $19 billion deal to ship the super-cool, condensed fuel to a CNOOC terminal in South China's Guangdong Province for 25 years. Delivery will start next year.
The deal would make Australia China's largest supplier of LNG. The country has already clinched a record-breaking $19 billion deal to ship the super-cool, condensed fuel to a CNOOC terminal in South China's Guangdong Province for 25 years. Delivery will start next year.
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