China’s push to have millions of households and thousands of industry users switch from coal to natural gas led to an unprecedented increase in natural gas demand and imports in the coldest month—December. The Chinese race to burn more gas instead of coal this winter season, in a bid to fight stifling pollution, left residents in the north freezing in a cold snap early last month, prompting China to backpedal on the coal ban in some areas to ease natural gas shortages. China is currently gobbling up LNG cargoes from all over the world as it tries to avoid severe natural gas shortages in the coming month in which another cold snap will be gripping North Asia and which will see the longest holiday period in China—the Lunar New Year, or the Spring Festival —in the middle of February. While the weather in China in January and February is […]