Europe Is Winning the Competition for Summer Gas, at Least for Now
China’s imports have been sluggish for months because of weaker economic activity and tariff tensions with the US.
A tug boat pulls a liquefied natural gas carrier into the port of Sines, Portugal.
Photographer: Zed Jameson/BloombergThis article is for subscribers only.
Welcome to our guide to the commodities markets powering the global economy. Today, reporter Anna Shiryaevskaya examines the summer contest for gas between Europe and China.
The season’s rising mercury now brings a familiar pattern: Europe and Asia step up their competition to secure cargoes of liquefied natural gas.