UPDATE 2-Chinese companies agree to develop LNG in Alaska as Trump visits | Reuters

Reuters| Wed Nov 08 22:03:33 EST 2017
* Sinopec interested in LNG supply from project * Bank of China, CIC also on board * Deal comes as China needs more LNG in clean fuel push * (Updating with more details) BEIJING, Nov 9 (Reuters) - China’s top state oil major Sinopec, one of the country’s top banks and its sovereign wealth fund have agreed to help develop Alaska’s gas sector as part of U.S. President Donald Trump’s visit, company and government statements said on Thursday. Sinopec, China Investment Corp and the Bank of China will work with the Alaskan government on LNG marketing, financing and China’s role in developing the state’s major liquefied natural gas (LNG) project. Aiming to tap its North Slope gas reserves, the stat..

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