LNG

Beijing Gas Blue Sky Holdings, a Chinese natural gas provider and operator focusing on the midstream and downstream, has presented an overview of the current LNG market and prices in China and the effects of Russia’s Ukraine invasion and that of the Covid-19 pandemic, which affected the Chinese for longer.

The International Energy Agency, the Paris-based body trying to forge more global influence on energy markets and climate-change clamp-downs, said factors behind increases in natural gas and electricity prices were due to a combination of factors including lower LNG production, while issuing a fawning report about China’s efforts to lower carbon-dioxide (CO2) emissions.