Reuters: Column - Coming LNG Wave More Likely to Head to Europe Than China: Russell

What's well known is that a wave of new liquefied natural gas (LNG) is about swamp already well-supplied markets, what's less known is how exactly these new cargoes will be absorbed.

The consensus assumption has always been that China would soak up vast quantities of the super-chilled fuel, driven by rising energy demand and the need to switch away from more polluting coal.

But this view has been challenged by China's slowing growth profile, and by evidence that natural gas is failing to make the anticipated inroads into China's energy markets, mainly as it remains a higher cost option for industry, consumers and power generators.

Read the full article HERE.