Industry News
Chinese LNG Importers Seek Alternatives to Cap Persian Gulf Supply Risks
Chinese state-owned LNG importers are holding discussions to secure alternative supplies that bypass the Persian Gulf and Strait of Hormuz amid shipping disruptions. Kpler data indicates China's September 2026 LNG imports fell 8% year-on-year to 5.3 million tons as spot prices reached $26 per mmBtu. Chinese buyers are not seeking to cancel existing long-term contracts with Qatar, but are capping further transit exposure.
