China’s Bid For Energy Security Fuels Long-Term LNG Buying Spree ...Middle East

Long-term contracts for LNG supply are back after a year of record-high prices and energy crises.  Efforts to protect LNG imports from the volatility in spot prices amid the many uncertainties in the natural gas market and geopolitics, and the increased attention to energy security has prompted all gas importers – including a previously reluctant Europe – to sign more long-term LNG deals in recent months.     Leading the LNG contracting is China, a major gas consumer and importer, which has always looked to…

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