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China’s Winter Demand for Liquefied Natural Gas Signals Imbalance in Global Markets – Bisnis.com

Bisnis.comJAKARTA — Winter will soon arrive China encouraging wholesale action liquefied natural gas or liquefied natural gas (LNG)is a signal of the risk of imbalance in global markets.

China is seeking winter supplies of liquefied natural gas, and is returning to the spot market in a move that risks reducing supplies to other importers.

Unipec, a subsidiary of state-owned Chinese oil and gas company Sinopec, released a tender to buy more than a dozen deliveries for this winter, in addition to deliveries until the end of 2024.

2023-09-12 12:30:00
#Liquefied #Natural #Gas #LNG #Market #Shock #Signals #China #Europe

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