Glencore Inks Long-Term LNG Deal with Chinese Energy Firm

Glencore has signed a long-term deal to supply liquefied natural gas (LNG) to China Suntien Green Energy, a unit of the Chinese energy firm. This agreement will provide Suntien with a stable source of LNG over an extended period.

The deal between Glencore and China Suntien Green Energy marks another significant step in the growing trade relationship between Switzerland-based Glencore and China's energy sector. The exact terms of the agreement, including prices and volumes, have not been disclosed.