Tagged Sinopec

Japan’s NYK inks LNG carrier charter deal with China’s Unipec

Rate this article By LNG World News Japanese shipping giant Nippon Yusen Kaisha (NYK Line) signed a charter contract with China’s Unipec, the trading arm of state oil major Sinopec, for a 149,700-cbm LNG carrier. NYK will charter the 2007-built Grace Acacia to Unipec for four-and-a-half years starting in February 2019. Chinese LNG imports have…

Sinopec’s Qingdao terminal trades LNG on CHPGX

Rate this article By LNG World News China’s Sinopec said its Qingdao LNG terminal for the first time traded volumes of the chilled fuel on the Chongqing Petroleum and Gas Exchange (CHPGX) at the end of September. Read Full Article Here For more great articles: LNG World News

China’s Sinopec to boost spot LNG purchases

Rate this article By LNG World News China’s Sinopec Group is reportedly planning to ramp up purchases of spot liquefied natural gas (LNG) to shore up winter gas supplies. Sinopec’s gas sales rose 13.4 percent in the first seven months of the year as China’s natural gas market showed tightness this summer, Reuters reported on…

Sinopec gearing for LNG capacity expansion

Rate this article By LNG World News China’s Sinopec group is taking steps to double its LNG handling capacity and increase its shale gas production capacity by 2020. Read Full Article Here For more great articles: LNG World News