Fueled by strong demand from the industrial sector amid an economic recovery and industrial decarbonization, China's liquefied natural gas imports could hit a record in 2024, company executives and experts said.

The world's first fifth-generation 174,000-cubic-meter LNG vessel was named and delivered on Wednesday in Shanghai, facilitating China's transformation from an industrial follower into a leader in liquefied natural gas carrier sector, according to the Shanghai-based shipyard.

TotalEnergies, a French energy major, said it will further strengthen cooperation with China Petroleum and Chemical Corp (Sinopec), in the fields of oil, liquefied natural gas, oil product trading and engineering, as both China and France are actively seeking ways to enhance energy security amid green transition.

China Minmetals Corp's acquisition of a large-scale copper mine in Southern Africa's Botswana is expected to help meet enduring strong demand for the metal in China, said industry analysts.

Asia's first cylindrical floating production, storage and offloading(FPSO) facility, designed and built by China, finished hull construction on Thursday, a breakthrough in the nation's deepwater, ultra-large offshore oil and gas equipment development, said industry experts.

The estimated total gold reserves at the Xiling gold mine in Shandong province has risen to about 592.2 metric tons after a new discovery of more than 200 tons of the metal in the mine, according to Shandong Gold Group Co, which held a news conference on Thursday morning to announce the discovery.

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