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China's soaring LNG demand to help rein in global glut

Published Thu, Feb 23, 2017 · 09:50 PM

Beijing

CHINA'S soaring demand for liquefied natural gas (LNG) is sparking industry hopes that a supply overhang causing a slump in prices will end sooner than initially anticipated.

China's imports of LNG in January rose 39.7 per cent from a year earlier to 3.44 million tonnes, data from the General Administration of Customs showed on Thursday.

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