High spot LNG prices, ample piped gas supply delay Chinese winter procurement

High spot LNG prices and ample pipeline gas supply have dampened early winter LNG procurement by Chinese importers despite declining stocks at some domestic LNG terminals, according to trade sources. Asian spot LNG markets recently moved into the October delivery window, a time when key importers like Japan, South Korea, China and Taiwan typically begin their winter heating purchases, kickstarting…High spot LNG prices and ample pipeline gas supply have dampened early winter LNG procurement by Chinese importers despite declining stocks at some domestic LNG terminals, according to trade sources. Asian spot LNG markets recently moved into the October delivery window, a time when key importers like Japan, South Korea, China and Taiwan typically begin their winter heating purchases, kickstarting…  Read More