China settles first LNG trade using YUAN – a major blow to the petrodollar

(Natural News) The People’s Republic of China settled its first liquefied natural gas (LNG) trade using the yuan, its own currency – dealing a major blow to the petrodollar.The Shanghai Petroleum and Natural Gas Exchange (SPNGE) confirmed the deal in a March 29 statement sent to Reuters. According to the statement, the trade between … [Read More…]