It is reported by Bloomberg.

China is cutting back on LNG purchases as rising global prices exacerbate import losses and lockdown measures curb domestic demand.

As specified, the main blow fell on spot purchases due to price increases, which made selling on the domestic market unprofitable.

Earlier, the State Department called on diplomats who are not employed in the main work of the US Consulate General in Shanghai to leave the city due to the high rate of spread of coronavirus infection.

The Chinese Ministry of Defense sent about 2,000 military paramedics to Shanghai to deal with the coronavirus outbreak.

Since March 28, city authorities have restricted public transport in the city due to an increase in the number of asymptomatic COVID-19 patients.

Local lockdowns in certain areas have also been expanded.