The impact of China’s coronavirus outbreak on LNG market is expected to worsen in the coming weeks as economic activity in key manufacturing hubs struggles to rebound, keeping a lid on natural gas demand and triggering more LNG trade flow disruptions. Travel restrictions were still preventing millions of workers from returning to work Monday and factories expected only partial production restarts, with some delaying a return to operations until late February or early March. This has raised the specter of more Chinese LNG importers reneging on supply contracts, and suppliers expressing concerns about more cargo cancellations after state-run CNOOC, China’s largest LNG importer, declared force majeure last week. More suppliers including […]