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Markets

China's Guangzhou Gas buys LNG cargo for August

Published August 8, 2019 Updated August 8, 2019 11:59am

SINGAPORE: China's Guangzhou Gas has bought a liquefied natural gas (LNG) cargo for delivery in August, three industry sources said on Thursday.

It bought the cargo, which is for delivery into Dapeng, from commodity trader Glencore at between $4 and $4.50 per million British thermal units (mmBtu), the sources added, though it could not immediately be confirmed.

Companies typically do not comment on their commercial deals.

Copyright Reuters, 2019

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