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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 379.91+0.4%Nov 11 4:00 PM EST

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To: gg cox who wrote (192747)10/17/2022 11:10:30 AM
From: TobagoJack  Read Replies (1) of 217689
 
I do not yet know what China shall do with the extra LNG

China signed long term contracts with LNG suppliers for enough, from Malaysia, Australia, and Middle East, and together with the piped LNG from Russia was I believe in balance

Since Feb China increased imports from Russia and so China energy companies started to make a market using its LT LNG to fill EU’s short term gap

With the new export ban in place, I do not yet know what shall happen to the LNG cargos

China at the moment is inundated with energy, too much energy







Etc etc certainly no energy crisis as yet. What the Germans do not want, cheap energy, the Chinese are okay taking in, cheap energy
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