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Deals with U S suppliers give China muscle to become major force in global LNG trade

China's push into the international LNG market comes two decades after it made a similar big splash in oil trading, and will put its firms in competition with established players.

U S supplies give China muscle to become major force in global LNG trade | Hellenic Shipping News Worldwide

Chinese firms are set to become a major trading force in the global liquefied natural gas market in coming years, thanks to liberalisations at home and recently signed long term contracts for record amounts of LNG from U.S. suppliers. Setting their sights beyond the domestic market, state-run Sinopec Corp, Sinochem Group, privately-controlled ENN Natural Gas .

Should Europe use more long-term LNG contracts? | Hellenic Shipping News Worldwide

The US has in recent weeks asked Qatar and other major gas producers whether they can send extra gas to Europe if Russian flows are disrupted, a source said. The threat of disruptions to Europe’s gas supply from Russia, in the event the West imposes sanctions if Russia invades Ukraine, has prompted a debate about .

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