Cheaper LNG contracts, after this week’s oil meltdown, are unlikely to accelerate China’s LNG demand recovery, as the world’s second largest importer continues to struggle with the coronavirus disruption and high gas inventories after a mild winter. Receive daily email alerts, subscriber notes & personalize your experience. Register Now This means CNOOC and Petrochina are unlikely to change their force majeure plans, despite a gradual uptick in downstream gas consumption from utilities and manufacturing hubs, traders said. Growth in China’s natural gas imports , including piped gas and LNG, slowed to 2.8% over January-February from 18.5% a year ago as the coronavirus outbreak exacerbated a demand slowdown caused by a warm winter, customs data showed over the weekend. […]