LNG 0.00% 4.3¢ liquefied natural gas limited

China’s imports of liquefied natural gas are poised to drop for...

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    China’s imports of liquefied natural gas are poised to drop for the first time in more than three years as buyers grapple with an outage at a key receiving terminal and hefty stockpiles.
    The slide can be partially attributed to an outage at the Rudong LNG terminal, which has been shut since late September after it was damaged during a typhoon. No LNG tankers arrived at Rudong last month, according to the berth data, compared with vessels carrying about 727,000 tons in October 2018. A milder summer also left buyers in China with larger-than-normal stockpiles leading into the winter demand season, which slowed purchases for October-arrival cargoes.
    https://www.bloomberg.com/news/articles/2019-11-01/china-lng-imports-slide-1st-time-in-3-years-on-outage-stocks
 
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