Reported 27 days ago
China is set to experience a rare drop in liquefied natural gas (LNG) imports this year, the first since 2022, due to lower demand driven by milder weather, increased overland supply, and economic factors. This decline poses risks to global LNG markets and investment forecasts, as domestic alternatives and economic slowdowns dampen China's appetite for costly imported gas. Additionally, some Chinese buyers are redirecting shipments to Europe to take advantage of higher prices, further complicating market dynamics.
Source: YAHOO