U.S. natural gas companies default on huge debt ow

Sinopec plans to sue the U.S. "Lao Lai"
Sinopec plans to sue U.S. LNG exporter Venture Global LNG Inc. because the latter failed to fulfill its LNG contract.


On November 4, 2021, Sinopec and Vege signed a 20-year, 4 million tons per year long-term purchase and sale agreement for liquefied natural gas (LNG).