Smaller Chinese importers shun costly spot LNG

Smaller Chinese importers shun costly spot LNG

Price-savvy Chinese energy importers are importing less LNG, particularly spot cargoes, as import cost are higher than domestic sales prices. These sky-high spot LNG make it impossible for China’s numerous smaller third-party gas importers to pay for regas terminal slots from the state infrastructure company PipeChina.

https://gastopowerjournal.com/markets/item/12428-smaller-chinese-importers-shun-costly-spot-lng

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