China National Offshore Oil Corporation (CNOOC) and Singapore’s Pavilion Energy have completed an international LNG trade settled in yuan. The two firms completed the trade via the Shanghai Petroleum and Natural Gas Exchange on August 22, according to a statement by the SHPGX. Under the deal, CNOOC Trading (Singapore) will supply a cargo of 65,000 … Continue reading CNOOC, Pavilion close yuan-settled LNG deal