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China LNG growth not slowing, says Woodside CEO

From af.reuters.com

China’s appetite for liquefied natural gas (LNG) has not slowed, but its purchases have been spread more evenly, avoiding last year’s sudden spike to meet winter demand, Australia’s top independent LNG producer said on Tuesday. LNG demand from North Asia’s main hubs in Japan, China and South Korea has slowed in recent weeks, raising concern that forecasts for a milder than usual winter may dent consumption. There are also signs that the ongoing Sino-American trade war is starting to dent industry in China. “We’re not seeing a slowdown,” Woodside Petroleum Chief Executive Peter Coleman said. “China learned from last ... (full story)

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  • Category: Fundamental Analysis