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Sinopec Considers LNG Deal With Iranian Firms.

Agence France Presse recently reported that China Petroleum and Chemical Corporation (Sinopec) is considering a deal with National Iranian Oil Gas Export Company and the National Iranian Oil Company for the annual importation of approximately 5 million tons of liquefied natural gas (LNG) to China from Iran.

According to the news service, imported LNG could potentially be utilized to fuel China's public transportation fleets as well as generate electricity and heat.

The news service said company officials noted that they expect to reach an agreement "this year."

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Title Annotation:liquefied natural gas
Publication:Alternative Transportation Fuels Today
Article Type:Brief Article
Geographic Code:7IRAN
Date:Apr 20, 2004
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