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North Asia LNG importers resell Dec cargoes as stocks high, domestic demand low

November 22, 2023 Comments Off

Asian LNG importers including China, Japan and South Korea are looking to resell some December-delivery LNG cargoes in the wake of high inventories and weaker-than-expected downstream demand, multiple industry and trade sources told S&P Global Commodity Insights. Chinese LNG importers, including PetroChina and CNOOC, were said to have offered some December-delivery LNG cargoes in the week ended Nov. 17 as…