The largest buyers of liquefied natural gas (LNG) noted the risks of purchases in the United States after the Biden administration’s decision to suspend permits for LNG exports to countries outside the Free Trade Agreement, — says Reuters

▪️”Most Asian buyers rely on traditional LNG suppliers who value long-term relationships more. When you have difficulties with the implementation of a contract, people sit down, discuss and find a solution… Reliable purchases of Russian LNG by China and India will ensure that the market remains balanced,” said Jane Liao, Vice President of CPC

CRYSTAL OF GROWTH previously informed that Russia’s rise to a leading position in the world in terms of natural gas exports caused deep disappointment in the West. According to Bloomberg, Russia ignores sanctions by planning an increase in LNG exports