Commodities
Chinese LNG importers are exploring ways to reduce reliance on Qatar, Bloomberg reports
StockNow breaking-news AI analysis
Chinese state energy firms are diversifying LNG sources away from Qatar, seeking long-term, non-Persian Gulf contracts—including with Canada—to enhance energy security and mitigate geopolitical risks.
News detail
State-owned buyers Sinopec and PetroChina are discussing purchases with exporters whose shipments do not depend on the Persian Gulf Chinese companies are seeking LNG supply contracts lasting at least a decade, with deliveries starting before 2030 Canada is among the potential sources being considered
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