China buys LNG early for winter, but fresh demand forecast from October

Wednesday, 06 October 2021 06:44

High energy prices and a slowing of China’s V-shaped economic recovery have lowered LNG imports in the second half of this year. LNG shipments surged early in 2021 on the back of China’s swift rebound from the pandemic, but market observers warn current gas storage levels are not sufficient to meet demand going into winter 2021-22, so utility buyers are bound to return in October. Markets Editor Anja Karl investigates. 


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