- Aug 6, 2012
- 27,992
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Europe didn't listen, they had leaders who sold out their National Security and interests while media in the West drooled over their leadership (Merkel in particular, but just one of a few low performers). Now Europe is facing a harsh winter and who do they blame for their plight? The same G damned people who media told them were "great leaders of the world".
The West has sunk itself, from police states like Canada to compromised fools in media. Now the adversaries of the West play their trump cards and there is no response available.
Don't blame them, blame our so-called leaders and uncurious cheerleaders.
finance.yahoo.com
Chinese state-owned energy giants have been recently told by authorities to stop reselling liquefied natural gas (LNG) cargoes to gas-starved Europe, in what could be a blow to the European hopes of continuous high inflows of LNG as the winter approaches.
The National Development and Reform Commission (NDRC), China’s top planning body, has told the country’s state-held LNG importers, including Sinopec, PetroChina, and CNOOC, that they should stop reselling LNG cargoes and keep them to ensure Chinese gas supply this winter, sources familiar with the development told Bloomberg on Monday.
In recent months, Chinese LNG importers have been selling their excess inventories to Europe and reaping big profits from the sales because of lackluster demand in China. Chinese domestic demand has been hit by incessant snap city-wide Covid lockdowns and a slowdown in economic growth.
So Chinese sales of LNG have been a relief to the European market so far this year.
The West has sunk itself, from police states like Canada to compromised fools in media. Now the adversaries of the West play their trump cards and there is no response available.
Don't blame them, blame our so-called leaders and uncurious cheerleaders.
China To Stop Reselling LNG To Europe
Chinese state-owned energy giants have been recently told by authorities to stop reselling liquefied natural gas (LNG) cargoes to gas-starved Europe
Chinese state-owned energy giants have been recently told by authorities to stop reselling liquefied natural gas (LNG) cargoes to gas-starved Europe, in what could be a blow to the European hopes of continuous high inflows of LNG as the winter approaches.
The National Development and Reform Commission (NDRC), China’s top planning body, has told the country’s state-held LNG importers, including Sinopec, PetroChina, and CNOOC, that they should stop reselling LNG cargoes and keep them to ensure Chinese gas supply this winter, sources familiar with the development told Bloomberg on Monday.
In recent months, Chinese LNG importers have been selling their excess inventories to Europe and reaping big profits from the sales because of lackluster demand in China. Chinese domestic demand has been hit by incessant snap city-wide Covid lockdowns and a slowdown in economic growth.
So Chinese sales of LNG have been a relief to the European market so far this year.
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