3 days ago
Chinese LNG Buyers Snap Up Imports as Prices Fall to Refill Storage
China's liquefied natural gas buyers are boosting imports as falling prices and the need to replenish inventories end months of sluggish deliveries.
The 30-day moving average for LNG imports to China have been above the five-year average so far for August, according to ship-tracking data compiled by Bloomberg. Earlier this month, Beijing Gas Group Co. purchased at least two shipments for September, while Zhejiang Energy bought a cargo, according to traders with knowledge of the matter.
