Published by
Reuters UK
Reuters UK
By Chen Aizhu SINGAPORE (Reuters) – China’s Beijing Gas Group aims to conclude a 10-year liquefied natural gas (LNG) supply and purchase deal with Shell in the second quarter, a source with direct knowledge of the talks told Reuters. Municipal government-backed Beijing Gas is one of China’s so-called Tier 2 importers behind state energy giants such as PetroChina and CNOOC. The Tier 2 players are expected to lead growth in China’s LNG imports for the coming decade. Negotiations began in January, with Beijing Gas seeking 1.5 million tonnes a year of the super-chilled fuel, starting in 2023, in w…