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CNOOC Issues LNG Tender in Return to Market


China National Offshore Oil Corporation has issued a limited participation tender to buy LNG cargoes, meant for delivery over February-December 2023 according to Platts.

  • This is the first LNG buy tender from China since Russia invaded Ukraine, and is an important landmark as it indicates a revival of buying interest from China after demand stayed subdued for most of 2022.

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