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Home / Metal News / China Completes First Liquefied Natural Gas cross-border RMB Settlement Transaction

China Completes First Liquefied Natural Gas cross-border RMB Settlement Transaction

Mar 29, 2023 11:06

Source:SMM

On March 28, 2023, CNOOC and Total Energy completed China’s first domestic purchase transaction of imported liquefied natural gas (LNG) settled in RMB through the Shanghai Oil and Gas Trading Centre platform, with a transaction volume of 3,200,000-3,400,000 million Btus (approx. 65,000 mt). The LNG resources came from the United Arab Emirates, a GCC country.

Import/Export

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Sep 22, 2022 15:07

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SMM Analysis of the Surge in China's Exports of Copper Plate and Strip in 2022

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SMM Insight Industry

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SMM Comments

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Industry

SMM Analysis: Petroleum Coke May Be Oversupplied after Imports Hit A New High of 1.57 Million mt in May

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China Completes First Liquefied Natural Gas cross-border RMB Settlement Transaction

SMM Events & Webinars

2025 SMM SOUTH AMERICAN LITHIUM RESOURCES FIELD TRIP

2025 SMM ASIA METALS SEMINAR

2025 SMM 3rd Wire & Cable Conference & Expo