China’s state energy majors have stepped up the sales of liquefied natural gas to struggling Europe, Bloomberg has reported, citing an unnamed source from the gas market. Several cargos of U.S. LNG originally destined for China have been re-sold to Europe since the start of the year, the report noted, and right now China’s CNOOC is offering an LNG cargo from Australia’s North West Shelf for delivery in November. Meanwhile, Chinese imports of Russian liquefied natural gas have been on a strong rise this year. Since the Russian…
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