Shenzhen Energy signs long-term LNG deal with Glencore

July 12, 2024

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Chinese state-owned Shenzhen Energy Gas Holding Co has signed a new long-term SPA with Glencore Singapore on 2 July. Under this deal, Shenzhen Energy Gas Holding will likely purchase around 0.6 or 0.5 million tons of LNG annually from Glencore for a duration of 5 to 10 years, according to sources.