China faces LNG supply test amid Middle East crisis, spot price increase

Disruption to LNG supply from the Middle East will test key buyers of LNG from the region, including Chinese importers, with spot LNG prices having soared, according to Chinese market participants and analysts. According to Lu Xiao, research director for China Gas and LNG at S&P Global Energy, while Chinese buyers may see the short-term impacts as manageable, thanks in part to seasonal demandDisruption to LNG supply from the Middle East will test key buyers of LNG from the region, including Chinese importers, with spot LNG prices having soared, according to Chinese market participants and analysts. According to Lu Xiao, research director for China Gas and LNG at S&P Global Energy, while Chinese buyers may see the short-term impacts as manageable, thanks in part to seasonal demandRead More