China has asked smaller liquefied natural gas (LNG) importers to stop their new shipments from AustraliaBloomberg reports, citing people close to the leadership of government officials.
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“The firms have received verbal orders from government officials to avoid purchasing additional LNG from Australia for delivery over the next year.”
“The large state importers that make almost 90% of purchases have not received any guidance and plan to continue buying Australian LNG.”
“China imports more than 40% of its LNG from Australia, one of the largest suppliers in the world. “
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