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China Natural Gas Inc. is a Chinese energy company that, through its subsidiaries, is engaged in the distribution and sale of natural gas and gasoline to commercial, residential and industrial customers in the Xi'an area and the Shaanxi province of the People's Republic of China. The company also engages in the construction of pipeline networks.
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The U.S. is China’s biggest supplier of natural gas. One of the largest natural gas deals is between China’s Sinopec and U.S. Natural Global LNG, which will provide 194 billion ft^3 of natural gas every year to China for 20 years. China has also increased taxes on natural gas being imported from the United States.
Mongolia won't fund the Siberia-2 pipeline for the next four years, Radio Free Europe reports. The natural gas pipeline is an ambitious project to deepen trade between Russia and China.
On June 5, 2018, CNOOC Gas and Power Group Co. Ltd., a subsidiary of China National Offshore Oil Corporation (CNOOC), China's largest LNG importer and terminal operator, has recently signed a memorandum of understanding (MOU) with the Philippine fuel retailer Phoenix Petroleum to study, plan, and develop a liquefied natural gas (LNG) receiving ...
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