1. China Cedes Top LNG Buyer Spot to Japan Amid Weak Demand- China’s LNG imports in 2022 are on track to record their first major decline since 2006, as high spot prices and weak domestic demand coming from the manufacturing sector cooled down purchasing activity. - Whilst China’s appetite for LNG was primarily coming from the government’s willingness to switch away from coal, Beijing has now come full circle and has been maximizing coal output, environmental concerns notwithstanding.
- Piped natural gas from Russia and Turkmenistan,…When Will U.S. Crude Production Return To Pre-Pandemic Levels?
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