China Is Buying Gas Like There’s Still an Energy Crisis
- Firms have signed more long-term deals than any other nation
- Buying spree comes after China grappled with fuel shortages
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China is on a natural gas shopping spree, and officials are happy for importers to keep striking deals even after a global energy crisis has eased.
The government continues to back efforts by state-owned buyers to sign long-term contracts and even invest in export facilities, in order to bolster energy security through the middle of the century, according to people who have had meetings with policymakers.