Chinese LNG importers are expanding and opening new trading offices in London, New York, and Singapore to manage their increasingly diverse liquefied natural gas portfolios. 

Competing with other top portfolio traders for the super-chilled fuel, China plans to manage their LNG supply on an international basis in an increasingly volatile global gas market.

Natural gas increasingly is replacing coal and helping to fulfill China’s clean energy goals. As a result, Chinese companies have been signing more long-term LNG supply contracts over the past 18 months, particularly with the United States and Qatar, reflecting China’s ambition to create diversified supply sources.

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