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SLNG mulls fifth tank as LNG trade turns more liquid

Move comes amid surges following high demand from China and fresh push for more supply projects

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Published Fri, Nov 2, 2018 · 09:50 PM

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    Singapore

    SINGAPORE LNG Corp (SLNG) plans to sound out the market on the demand for a fifth storage tank at its terminal on Jurong Island.

    The move is coming on the back of surges in LNG trading activity, mainly backed by China's enormous appetite for the cleaner burning fossil fuel and a renewed push to sanction more LNG supply projects.

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