China’s LNG suppliers are facing a struggle to win back industrial consumers who were left in the lurch last winter by a major price shock that made the fuel largely unaffordable and forced some gas users to switch back to coal or LPG.
Chinese bureaucrats botched a conversion from coal to gas in northern China last winter by switching too many users at once. This caused a gas shortage once seasonal heating demand began to increase.
This drove a spike in LNG demand as new gas users...
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