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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
LNG
Chinese LNG importers could become more prominent traders of LNG as a recent surge in signing long-term contracts diversifies their supply portfolios, according to Reuters.
- Chinese gas importers have boosted long-term LNG contracts with Qatar and US suppliers by nearly 50% since late 2022 to more than 40m mtpa.
- By 2026, Chinese companies are expected to have contracted LNG supplies of more than 100 million tons a year.
- That could mean a surplus of up to 8m mtpa, according to consultancy Poten & Partners, or a deficit of 5-6m mtpa according to ICIS forecasts.
- "I could see China becoming a seasonal seller to places like Southeast Asia, South Korea and Japan, as well as into Europe," said Jason Feer, head of business intelligence at Poten & Partners.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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