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BEIJING (Reuters) -China's Sinopec has signed a contract with U.S. Venture Global LNG to buy 4 million tonnes of liquefied natural gas (LNG) annually for 20 years, the state-run Xinhua news agency said on Thursday. The LNG will be supplied from Venture Global's plant in Plaquemines, Louisiana, and the deal is the largest LNG long-term contract signed between China and the United …


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South Africa may still have relatively few confirmed coronavirus cases but the flailing economy's two major foreign exchange earners -- mining and tourism -- are bracing to take a hit. China holds a special place in the economy of Africa's most industrialised country which slid into recession in the last quarter of 2019. Around 18.5 percent of South African exports go to China, with mining ...


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