WebSep 3, 2024 · "As one of the major LNG importers in Asia, China only imports about 4.7 million tons of LNG for the past eight months of this year, which is 25 percent lower than the same period of last year. So China is not competing directly with European buyers for the spot value because the majority of the imported LNG were contracted volumes." WebMar 29, 2024 · China and France have completed an LNG gas trade using the Chinese Yuan in a landmark transaction that ends the reliance on the US dollar in energy trades. …
Ukraine war pushes Germany to build LNG terminals
WebSep 5, 2024 · Chinese LNG importers have mostly cut back on their LNG purchases in the spot market in 2024 as prices became too expensive for many downstream buyers to afford and domestic demand was well supplied by cheaper pipeline gas and term contract volumes, sources said. LNG prices have risen due to tight supply in the Atlantic basin. WebFeb 15, 2024 · China was the world’s biggest LNG-importing country in 2024, followed by Japan. Taken together, European countries also import a sizeable share. In 2024, Europe was responsible for a quarter of global inter-regional LNG trade. LNG terminals in the EU (status 2024). Source: European Commission 2024. Source: GIE 2024. daily store clothing
China completes 1st LNG cross-border yuan settlement deal
WebMar 30, 2024 · France Buys 65,000 Tons Of LNG From China In First Ever Yuan-Denominated Trade France bought 65,000 tons of LNG using the Chinese yuan. The liquified natural gas was bought from the UAE, the payment is settled in the Shanghai Petroleum and Natural Gas Exchange, using Chinese... WebMar 29, 2024 · The LNG trade between China and France was completed in February 2024, when French energy company TotalEnergies delivered a cargo of LNG to China … biometrics for canada visa in philippines