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)

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 this deal strengthened cooperation between China and Thailand’s state-owned oil and gas companies and facilitated the development of cross-border yuan settlement…

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