26 October 2012 10:36 [Source: ICIS news]
Details of the purchase were not available and PetroChina officials were not immediately available to comment.
PetroChina is likely to receive the December cargo at its 3.5m tonne/year Rudong terminal in
The state-owned oil and gas major is also seeking another cargo for January 2013 delivery, and is expected to purchase from the same supplier, the source said.
The company is building up its LNG inventory as consumption is expected to peak during the winter season in
China National Offshore Oil Corp (CNOOC),
“Our [LNG] contractual supplies are sufficient, as the weather is mild in south
Chinese LNG importers have shown little interest in buying spot cargoes since the second quarter this year, as a result of ample piped gas supply, weak demand from gas-fired power plants and amid a slowing down of China's economy, market sources said.
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