China rushes to secure spot LNG cargoes as price spikes

At least two trading houses have secured up to 50 spot LNG cargoes for delivery throughout one year timeline.

Spot cargoes in vogue: Sinopec's LNG terminal in Tianjin
Spot cargoes in vogue: Sinopec's LNG terminal in TianjinPhoto: SINOPEC
Published 19 April 2021, 08:27Updated 19 April 2021, 13:34