Uncertainty over China’s LNG demand has grown following China’s decision to offer force majeure certificates to domestic companies if they are unable to fulfill their international contractual obligations due to the coronavirus outbreak. Now Beijing’s decision adds to concerns over demand from the world’s second largest LNG importer and bearishness to the north Asian markets. Platts JKM has plunged to a more than 10-year low, falling below $4/MMBtu for the first time since July 2009 on slow demand and a wave of new supply from Australia and the US. China’s move is aimed at protecting the interests of domestic companies and helping mitigate their losses, but its impact on LNG […]