Beijing Warns State-Owned LNG Buyers on Resales Ahead of Winter

Beijing is urging state-owned liquefied natural gas (LNG) buyers to limit resales before winter, as authorities aim to ensure sufficient supplies during peak demand. The government's move comes ahead of the cold season, when consumption for heating is expected to rise.

The authorities have asked these companies to sell less of the fuel in the latter part of 2026 and early 2027, according to people familiar with the matter who wish to remain anonymous. These sources confirm that the government wants to cope with an increase in consumption for heating during this period.

Although no specific targets or figures have been mentioned, it is clear that Beijing's goal is to manage energy supplies effectively and maintain a stable market. This move may also be seen as a measure to prevent price volatility in the run-up to winter.