China’s Shenzhen Energy Group 000027.SZ has signed a long-term liquefied natural gas (LNG) supply deal with global commodities trader Glencore.

The sales and purchase agreement was signed on July 2 after a meeting between executives from the two companies, Shenzhen Energy said in a statement on Monday, without providing further details.

Glencore declined to comment.

Shenzhen Energy previously signed a long-term agreement with BP for supplies of LNG in November 2022.

China is the world’s top LNG importer, shipping in 71.2 million tons of the fuel last year.
Source: Reuters (Reporting by Emily Chow; editing by Jason Neely)