Chinese companies see energy crisis benefit for LNG importers
Chinese companies see the European energy crisis accelerating the energy transition, freeing up LNG for Asia.
Source: naturalgasworld.com
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Chinese companies see the European energy crisis accelerating the energy transition, freeing up LNG for Asia.
LNG may have saved Europe in the winter of 2022/23, but Europe’s thirst for the fuel has changed much. Europe’s energy system now has less flexibility and is heavily dependent on spot LNG, the most volatile element of a market in which China has moved centre stage. [Gas in Transition, Volume 3, Issue 7]