The number of deals fell by around the same margin to 205,the tally by London-based Evaluate Energy said.
Chinese companies only spent $147 million between 1 Januaryand 31 March compared to a three-year average of $5 billion a quarter, thereport said.
Evaluate Energy analyst Eoin Coyne said that “it is likelythat this relatively low amount of activity is more to do with a timing issue,rather than a shift in strategy from China, especially with Chinese companiesrumoured to be interested in acquiring large stakes in the LNG industries ofCanada's west coast and Cyprus during the quarter”.
The
