China Becomes World’s Biggest LNG Buyer With Flurry Of Long-Term Deals
January 24, 2023 at 20:25 PM EST
China is rapidly becoming the world’s most dominant force in liquefied natural gas, with Chinese buyers accounting for 40% of recent long-term LNG contracts among global players, according to Nikkei Asia. Take Chinese energy giant Sinopec Group, which reached a 27-year agreement with state-owned QatarEnergy late last year to buy 4 million tonnes of LNG annually. The […] Source
