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المشهد العربي
China's LNG imports expected to fall
China's imports of liquefied natural gas (LNG) have declined for the second consecutive month, reaching approximately 5.3 million tons, marking a decrease of about 8% compared to the same period last year. This is due to rising prices resulting from conflicts in the Middle East, which led to reduced demand and decreased economic viability for importing shipments. Buyers chose instead to resell contracted supplies in international markets to achieve higher profits. However, imports are expected to recover as winter approaches and conditions improve to meet the peak demand for heating.
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