SINGAPORE/NEW YORK (Reuters) – Major Chinese energy companies are in advanced talks with U.S. exporters to secure long-term liquefied natural gas (LNG)supplies, as soaring gas prices and domestic power shortages heighten concerns about the country’s fuel security, several sources said.
Sinopec's (SNP) Fuling Shale Gas Field currently produces 20 million cubic meters of natural gas per day.
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