China’s Sinochem Group is in advanced talks with state-owned PipeChina for using the energy infrastructure firm’s liquefied natural gas (LNG) terminals after it struck a U.S. deal to buy the superchilled fuel, people with knowledge of the matter said. The move comes after state-owned Sinochem, traditionally an oil and chemicals trader, announced its first-ever deal .
China's Sinochem Group is in advanced talks with state-owned PipeChina for using the energy infrastructure firm's liquefied natural gas (LNG) terminals after it struck a U.S. deal to buy the superchilled fuel, people with knowledge of the matter said.