ExxonMobil invests billions in Chinese LNG market

ExxonMobil bridges its billion dollar investment in LNG production around the world with a new import terminal in China, Reuters reports. The american company will also initially end up sidestepping tariffs, the media bureau writes.

by SIMON VALEUR

Oil major ExxonMobil is planing to build an import terminal for liquefied natural gas, LNG, in China, the world's fastest growing market for the alternative fuel.

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