DAEGU, South Korea : Global liquefied natural gas buyers and sellers are bracing for more uncertainty over Russian supplies and a murky demand outlook from Europe and top importer China in the run-up to peak winter season, industry executives said.
One more question is when China will lift COVID restrictions, which have slashed imports in the first five months of this year. Infrastructure constraints that have emerged as gas flows change from west to east, rather than east to west, made it"more complicated than we first thought", he added. Germany is building an LNG receiving terminal and has contracted floating storage and regasification units.
"As we get into the winter ... markets like Asia really start to compete for those cargoes," Anatol Feygin, executive vice president at Cheniere Energy, said.
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