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Last updated: June 16, 2025, 00:49  |  Written by: Naval Ravikant

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Chinese National Oil Company Cnooc

China and France have completed an LNG gas trade using the Chinese Yuan in a landmark transaction that ends the reliance on the US dollar in energy trades.

Chinese national oil company CNOOC and French energy company Engie have completed a yuan-settled liquefied natural gas (LNG) trade through the Shanghai

China completed a historic landmark deal to settle the first international Liquified Natural Gas (LNG) trade using local yuan, Shanghai Petroleum and Natural Gas

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Naval Ravikant can be reached at [email protected].

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