CNOOC's Zhejiang unit to open 2018 LNG contracts for bidding on Dec 29

BEIJING (Reuters) — CNOOC Zhejiang subsidiary said it will open 2018 LNG contract prices up to bidders through the Shanghai Petroleum and Gas Exchange on Dec 29.

CNOOC did not give details on contract volumes or when the prices for 2018 would be settled.

CNOOC said the prices will apply to buyers from four regions, including Zhejiang, Jiangsu and Anhui provinces, and Shanghai.

Reporting by Meng Meng and Aizhu Chen; Editing by Tom Hogue

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