Flexible US cargoes allow China to venture into LNG trading

Thursday, 07 April 2022

Sizable US LNG supply contracts with destination flexibility are giving Chinese buyers like Sinopec, ENN and China Gas the clout to set up LNG trading desks in Beijing, Singapore and London. Resorting to coal and renewables for power generation at home, as well as CNPC’s higher pipeline gas purchases from Russia frees up LNG for sale abroad.


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