Glencore announces it will send its first spot liquefied gas to Zhousan ‘in two weeks’

Swiss-based global mining and commodities trader Glencore is set to send its first spot liquefied natural gas cargo to Zhoushan in eastern China, in a trading joint venture with Zhejiang Energy Group.

Glencore’s joint venture with Zhejiang, which is backed by the provincial government, dates from 2018, making it one of the few Western traders with such tie-ups in China.

Alex Sanna, Glencore’s global head of oil and gas, told an oil and gas seminar in Zhoushan that the shipment was set to arrive there “in two weeks”.

For more information visit www.glencore.com