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Keyword: harryrobertson

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  • China is reselling natural gas to energy-strapped Europe as its economic slowdown leaves it with a surplus, report says

    08/30/2022 11:16:00 AM PDT · by thegagline · 27 replies
    Business Insider/Yahoo News ^ | 08/30/2022 | Harry Robertson
    China's economic slowdown has left it with a surplus of natural gas that it is re-selling to energy-strapped Europe, according to a report. Boosted by cargoes from China, Europe's imports of liquefied natural gas jumped 60% year-on-year in the first half of 2002, according to a Nikkei report citing data from research firm Kpler. China's economy has slowed sharply in 2022 as Beijing implemented a strict zero-COVID policy and as a crisis grips the country's highly indebted property sector. Economists think it is likely to fall well short of the government's aim of 5.5% growth. The economic slowdown has left...