China’s economic slowdown has left it with a surplus of natural gas that it is re-selling to Europe. Now the obvious question would be this: How does China have such a significant surplus of LNG? China has been importing record volumes of Russian fuel, including natural gas ever since the war in Ukraine began and the west imposed economic sanctions on Russia. Suddenly, Europe found itself facing an acute shortage of natural gas – threatening the bloc’s energy security and economy as a whole. Now, Europe is swallowing large amounts of natural gas imports from China, while completely ignoring the Russian origin of such gas. Watch to know more.
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