HOUSTON, U.S./BEIJING -- China is quickly becoming the dominant force in liquefied natural gas, with Chinese buyers accounting for 40% of recent long-term LNG contracts among global players.
Energy
China tightens grip as dominant LNG buyer with long-term deals
Sinopec leads way with Chinese companies locking in 40% of recent contracts
A liquefied natural gas terminal owned by China's ENN Group in Zhejiang province near Shanghai. © Reuters
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