A state owned energy company imported 65,000 tons of supercooled natural gas from the UAE China has unloaded its first cross-border cargo of liquefied natural gas (LNG) settled in yuan, the state-owned China National Offshore Oil Corporation (CNOOC) announced on Tuesday. The company said it purchased 65,000 tons of LNG from the United Arab Emirates (UAE). The move is the latest sign of the yuan's growing presence on the international stage, as conditions for settling oil and gas trade in the Chinese currency become increasingly mature, CNOOC said. As part of its de-dollarization strategy, Beijing has been promotin
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