Article
Soaring Prices Set To Crash China's LNG Imports To 8-Year Low
Soaring Prices Set To Crash China's LNG Imports To 8-Year Low
Submitted by Tsvetana Paraskova of OilPrice.com
Surging LNG prices amid the war in the Middle East are set to lead to the lowest monthly LNG imports into China in eight years as Qatari and UAE supply is off the market and Chinese buyers look to raise supply from domestic gas production and pipeline deliveries.
China is on track to import about 3.7 million tons of LNG in March, per tanker-tracking data by Kpler cited by Bloomberg. That would be the lowest...
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