China Resumes Spot LNG Purchases in Response to Price Decline

Reported about 8 hours ago

Chinese companies have restarted buying liquefied natural gas from the spot market following a significant drop in prices, marking a shift from their previous reduced import activity. Last week, at least two shipments were acquired at $10 per million British thermal units. This increase may help stabilize declining gas prices in Asia and Europe amid economic concerns related to the global trade war.

Source: YAHOO

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