Southern China is facing sweltering heat, putting pressure on its power grids that could trigger the need for additional spot LNG cargoes.
The early onset of a hot summer in Guangdong province is ramping up power generation in southern China — the epicenter of Chinese manufacturing — spurring LNG spot buying in recent weeks. Yet Chinese buyers remain cautious as prices exceed $18 per million Btu.
China’s LNG Imports Recover Ahead of Peak Cooling Season | OilPrice.com
Why India’s LNG Buying Surges Despite Costly Gas | OilPrice.com
An LNG glut is on its way
Pakistan Rushes to Secure LNG as Summer Power Demand Surges | OilPrice.com
After months of shortage, LNG glut is on its way
Fix gas buying, not just the subsidy bill
China’s LNG imports rose in May as buyers prepared for stronger summer electricity demand, despite months of reduced purchases…
China is hailed as the biggest growth market for global LNG, but its diversified energy system and price sensitivity raise…
Global LNG markets are tightening further as the loss of roughly 20% of daily LNG supply from the Middle East collides with…
China’s LNG imports are recovering as summer demand expectations and shifting price incentives draw buyers back to the market.
El Niño is associated with raising the average global temperatures. The increased use of air conditioning has boosted the power…
Chinese state firms are seeking global trading opportunities as they navigate weaker domestic LNG demand and explore new markets.
