Soaring spot LNG price threatens China's gas-based power generation

Gas-fired power generation units face shutdowns as operators shy away from costly LNG spot purchases

Imports: Sinopec's Qingdao terminal receives volumes for consumption in eastern China
Imports: Sinopec's Qingdao terminal receives volumes for consumption in eastern ChinaPhoto: SINOPEC
Published 3 August 2021, 05:01Updated 3 August 2021, 15:06