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LNG storage tanks at a Sinopec terminal in Tianjin, China: The Chinese government has been promoting a shift from coal to natural gas, pushing up demand.   © Reuters
China People's Congress 2018

Asia's lively LNG spot market spurs rush to derivatives

China's import surge highlights the need for price hedging

TAKESHI KUMON and CK TAN, Nikkei staff writers | China

TOKYO/BEIJING -- More of the liquefied natural gas market, typically dominated by long-term fixed contracts, is obeying the law of supply and demand. A number of factors are at play, including China's industrial policies.

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