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The Company is also leading China's LNG transportation business, and is now an important player in the global market. COSCO SHIPPING LNG Investment (Shanghai) Co., Ltd., a wholly-owned subsidiary of the Company, and China LNG Shipping (Holdings) Limited (CLNG), of which the Company holds 50% equity, are the only two large LNG transportation companies in China. They currently provide service mainly to projects involving LNG imports from Australia, Papua New Guinea and Russia to China.

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