Cold Weather in China and Europe Tightens the LNG Spot Market ...Middle East

Winter cold in China could boost the country’s imports of liquefied gas, boosting international spot market prices, Bloomberg has reported, citing equally cold weather in Europe, another major LNG consumer. The report cited a weather forecast from the European Centre for Medium-Range Forecasts as predicting temperatures about 6 C lower than average in parts of China this week, expecting this development to lead to a hike in LNG imports. China booked 12 consecutive months of declining imports of liquefied natural gas between December 2024…

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