17-10-2022, 09:08 PM
https://markets.businessinsider.com/news...ly-2022-10
China has stopped sales of LNG to Europe to make sure its own households have enough gas for the winter, report says
China told state-owned natural gas importers like Sinopec and CNOOC to halt LNG sales to Europe, per Bloomberg.
The order to halt resales comes as Beijing looks to protect domestic gas supplies for the winter.
China has been a crucial supplier of gas to Europe as the region faces a Russia-driven energy crisis.
Beijing has reportedly told state-owned natural gas importers to halt resales of cargoes to buyers in Europe and Asia, to make sure China has enough supply for domestic needs this winter.
The National Development and Reform Commission has spoken to Chinese energy giants PetroChina, Sinopec and CNOOC to ask them to stop the shipments of liquefied natural gas, Bloomberg reported Monday, citing people with knowledge of the matter.
China has stopped sales of LNG to Europe to make sure its own households have enough gas for the winter, report says
China told state-owned natural gas importers like Sinopec and CNOOC to halt LNG sales to Europe, per Bloomberg.
The order to halt resales comes as Beijing looks to protect domestic gas supplies for the winter.
China has been a crucial supplier of gas to Europe as the region faces a Russia-driven energy crisis.
Beijing has reportedly told state-owned natural gas importers to halt resales of cargoes to buyers in Europe and Asia, to make sure China has enough supply for domestic needs this winter.
The National Development and Reform Commission has spoken to Chinese energy giants PetroChina, Sinopec and CNOOC to ask them to stop the shipments of liquefied natural gas, Bloomberg reported Monday, citing people with knowledge of the matter.