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Cosco’s LNG tanker investment linked to US export projects

Ships to be built in China will be used to haul LNG cargoes from the US for PetroChina under long-term charter agreements, according to sources familiar with the deal

The newbuilding plan echoes the management’s comments earlier last month about their aspirations to expand the LNG and ethane shipping business, with the temporary trade deal paving the way for more clean energy exports from the US to China

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