TotalEnergies and CNOOC complete first LNG transaction in Chinese currency

CNOOC deal transacted through China’s Shanghai Petroleum & Natural Gas Exchange (SHPGX) involves an LNG cargo imported from TotalEnergies United Arab Emirates portfolio

Flag day: CNOOC’s headquarters in Beijing.
Flag day: CNOOC’s headquarters in Beijing.Photo: REUTERS/SCANPIX
Published 29 March 2023, 23:01Updated 30 March 2023, 13:31