China Is Reselling U.S. LNG To Europe For Big Profits

OilPrice.com | Oct 3, 2022 at 2:30 PM

Chinese companies that have signed long-term contracts to buy U.S. liquefied natural gas have been selling their excess inventories to Europe and reaping big profits from the sales thanks to weak demand in China, the Wall Street Journal reports.

EU overlooks Azeri energy graft risk

Euractiv | Oct 3, 2022 at 9:08 AM

As the EU talks of ‘freedom’ from Russian gas for central and eastern Europe and the Balkans, brought by increased imports from Azerbaijan, sceptics warn it comes at a cost: increased reliance on a country engaged in a conflict and with a recent history of bribery and corruption in Europe.