The Kenai LNG plant in Alaska. The state is hoping to supply LNG to Chinese buyers. (ConocoPhillips)
China’s new LNG buyers are joining their global peers in seeking more flexible and cheaper volumes under shorter supply contracts, delegates heard at the China LNG & Gas International Summit & Exhibition in Beijing last week.
A string of private Chinese firms and smaller state-owned companies have emerged in recent years to import cargoes independently of the state-run NOCs. Among the budding importers are city gas distributors and power utilities, which have sought better prices and greater control over supply.
Log in or register for a free trial to continue reading this article
Already a subscriber?
If you already have a subscription, sign in to continue reading this article.
Sign inNot a subscriber?
To access our premium content, you or your organisation must have a paid subscription. Sign up for free trial access to demo this service. Alternatively, please call +44 (0)20 3004 6203 and one of our representatives would be happy to walk you through the service.
Sign up