Chinese LNG importers are exploring ways to reduce reliance on Qatar, Bloomberg reports
Newsquawk Staff ·
- State-owned buyers Sinopec and PetroChina are discussing purchases with exporters whose shipments do not depend on the Persian Gulf
- Chinese companies are seeking LNG supply contracts lasting at least a decade, with deliveries starting before 2030
- Canada is among the potential sources being considered
Sources
- Russia's Novatek is to redistribute its LNG globally when the ban on its imports into Europe comes into effect, Ria
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