AsiaContracts and Tenders

China’s CNOOC and Thailand’s PTT complete yuan-settled LNG deal

By LNG Prime Staff
China's CNOOC and Thailand’s PTT complete yuan-settled LNG deal
LNG carrier Kool Frost (Image: CNOOC Gas & Power)

China National Offshore Oil Corporation (CNOOC) and a unit of Thailand’s PTT have completed an international LNG trade settled in yuan. CNOOC’s gas and power unit revealed this deal with PTT International Trading (PTTT) in a statement on Monday. However, CNOOC Gas & Power did not provide further details regarding the transaction. The company said…

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