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US LNG developers scramble to close deals with China

SINOPEC’s trading arm has agreed to buy 1 million tonnes of LNG per year under a short-term contract from Venture Global LNG’s Calcasieu liquefaction terminal under construction in Louisiana, USA.

Spot prices remain high, but below records levels

Spot prices remain high, but below records levels

The three-year deal, reported by S&P Global, was disclosed in a letter from the operator to the US Department of Energy. US LNG exporters are scrambling to make deals with Chinese customers amid volatile...

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