China’s liquefied natural gas imports may have to increase significantly this winter after the NDRC warned of “insufficient” availability, and called on the state-owned energy firms (Petrochina, Sinopec and CNOOC) to boost supplies. Panjiva data shows imports already climbed 90% on a year earlier in the three months to August 31, and may have increased by a further 60% in September. Chinese buyers face significant overseas competition. India’s imports were 70% higher in the three months to August 31, and the governments of India and Japan have signed an agreement to invest for further gr...
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