Energy
China's LNG Imports Set for Second Straight Monthly Drop
China's imports of liquefied natural gas are on course to book their second consecutive monthly decline because of significantly higher prices driven by the war in the Middle East.
AI Summary
China’s liquefied natural gas imports are projected to fall for a second month in a row as sharply higher prices, linked to the war in the Middle East, curb demand. Kpler data cited by Bloomberg shows September shipments to China at about 5.3 million tonnes. This decline follows a previous monthly drop, marking a continued downward trend in Chinese LNG intake.
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