Chinese LNG Buyers Eye Winter Cargoes On Price Falls

Capt. John

Chinese LNG buyers have begun enquiring for December-January spot deliveries as LNG spot prices continue to retreat, says an article published Argus Media.

More price-driven

But this move is likely more price-driven, not a result of buyers in China being short on gas, market participants said.

Firm start purchasing spot

At least one Chinese national oil company (NOC) has confirmed that it is currently seeking December or January spot cargoes, since prices have softened enough to make it viable for...

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