China LNG strategy points to $1.1 billion saving after shift away from Qatar

Stacked bar chart of monthly Mt/month from Jan-26 to Jul-26, showing Qatar (red), Canada (light gray), Oman (gray), and Other origins (dark gray) contributing to each total.

China LNG imports could be on course to save more than $1 billion this year after diversifying away from Qatari supply, according to a new scenario analysis which argues that lower-cost Canadian LNG has more than offset the additional costs associated with the Strait of Hormuz disruption. The analysis examines how China’s LNG procurement strategy has evolved since the disruption […]

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