EU turns to China for surplus LNG – FT ...News

The bloc has been searching for alternative energy sources amid dwindling supplies from Russia EU countries have been increasingly boosting storages with surplus Chinese liquefied natural gas (LNG) purchased in the spot market, the Financial Times reported on Monday. According to the article, China, the globe’s largest LNG buyer, has been reselling some of its excess volumes in the international market. The surplus is attributable to weak domestic demand as Covid-19 restrictions linger on. As the EU struggles to secure energy supplies ahead of the heating season and amid the drop in gas deliveries from Russia, it

Hence then, the article about eu turns to china for surplus lng ft was published today ( Wednesday 31/08/2022 - 09:44 AM ) and is available on Russia Today ( News ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( EU turns to China for surplus LNG – FT )

Also on site :

• Gold Star Distribution Inc., Issues Recall of Certain FDA-Regulated Products in Three States Including Drugs, Devices, Cosmetics, Human Foods, and Pet Foods
• ’Beverly Hills, 90210’s Jason Priestley Shares Bold Callout After ‘Worst’ Travel Experience
• Tyler Perry Sued for Sexual Assault By New Accuser, an Actor in a ‘Madea’ Movie