Market Chatter: CNOOC, Air Liquide Transfer Liquid Hydrogen in Maiden Long-Distance Journey From Europe to China

MT Newswires Live10-24

China National Offshore Oil Corporation or CNOOC (SHA:600938, HKG:0883) and French industrial gases giant Air Liquide pioneered the long-distance transport of a liquid hydrogen vessel to China, Xinhua reported Wednesday.

The vessel traveled 20,000 kilometers from the Dutch city of Rotterdam to Shenzhen's Yantian Port, the report said.

The long-distance offshore shipping of liquid hydrogen is seen as a new transport initiative for the hydrogen energy trade, Xinhua noted, with China's hydrogen production reaching 40 million tons annually.

CNOOC's shares rose 1% on the Hong Kong bourse.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price (HKD): $28.17, Change: $-0.11, Percent Change: -0.39%

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