Wednesday, January 19, 2022 12:35:10 PM
https://www.bnnbloomberg.ca/china-s-sinopec-floods-lng-spot-market-with-cargoes-for-2022-1.1709708
China has shut down power plants due to lack of LNG.
Who they going to sell too? Germany. Russia has become a big no-show.
I think China is trying to pull off a head fake to drive spot prices down, then reload.
It’s how they do.
Just last month they were talking about nuclear war with Australia to get their coal reserves. Now this? LOL
LNG over $115!!!
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