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World News@lemmy.ml • 2 years ago

China Is Rerouting U.S. Liquefied Natural Gas to Europe at a Big Profit: China’s ENN Natural Gas Co. Ltd. estimated to make a profit of between $110 million and $130 million on one cargo shipment

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China Is Rerouting U.S. Liquefied Natural Gas to Europe at a Big Profit: China’s ENN Natural Gas Co. Ltd. estimated to make a profit of between $110 million and $130 million on one cargo shipment

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World News@lemmy.ml • 2 years ago

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China Is Rerouting U.S. Liquefied Natural Gas to Europe at a Big Profit

The sluggish economy and high demand in Europe let Chinese energy companies benefit from high global prices.

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2•2 years ago
How can Europeans be this dumb?