China LNG buyers expand trading after adding more US, Qatari contracts

Model of LNG tanker is seen in front of China’s flag in this illustration taken May 19, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights Summary Companies Raised US, Qatar term contracts by half since late 2022 Contracted Qatari, US volumes to total 42 mln mtpy by 2026 Companies seeking more from US, Qatar, other suppliers Chinese majors already trading actively; utilities to join Chinese companies to act as seasonal sellers into Europe, Asia SINGAPORE/LONDON, Aug 21 (Reuters) – China’s liquefied natural (LNG) gas importers are starting up or expanding trading desks in London and Singapore to better manage their growing…