China Halts Resales Of Russian LNG To European Buyers To Protect Winter Supply

Bloomberg: China Halts LNG Sales to Foreign Buyers to Ensure Own Supply 

(Bloomberg) -- China told its state-owned gas importers to stop reselling LNG to energy-starved buyers in Europe and Asia in order to ensure its own supply for the winter heating season. 

The National Development and Reform Commission, the nation’s top economic planner, asked PetroChina Co., Sinopec and Cnooc Ltd. to keep winter cargoes for domestic use, according to people with knowledge of the matter who asked not to be named as the information isn’t public. While the sales had offered some relief to European buyers, rapidly filling inventories and record-high shipping costs also reduced the appeal of reshipping fuel, they said.  

Read more .... 

China Halts Resales Of Russian LNG To European Buyers To Protect Winter Supply  

China halts LNG sales to foreign buyers to ensure own supply - Bloomberg News -- CNA/Reuters  

China Stops Natural Gas Sales to Europe to Protect Winter Supply: Report -- Insider 

China To Stop Reselling LNG To Europe -- OilPrice.com  

China Halts Resales Of Russian LNG To European Buyers -- Zero Hedge