PNG LNG, Sinopec wrap up LNG deal

THE PNG LNG project partners have reached an important milestone today after finalising a binding sales and purchase agreement with Unipec Asia, a Sinopec subsidiary, for the long-term sale and purchase of 2 million tonnes per annum of liquefied natural gas.

PNG LNG, Sinopec wrap up LNG deal PNG LNG, Sinopec wrap up LNG deal PNG LNG, Sinopec wrap up LNG deal PNG LNG, Sinopec wrap up LNG deal PNG LNG, Sinopec wrap up LNG deal

Under the deal, the PNG LNG project will supply LNG to Sinopec's LNG terminal in Qingdao, Shandong Province, for a period of 20 years.

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