The Market, Energy, and Political Page, Part 2, T+50 -- April 19, 2018

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Title : The Market, Energy, and Political Page, Part 2, T+50 -- April 19, 2018
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The Market, Energy, and Political Page, Part 2, T+50 -- April 19, 2018

This article really caught my attention, from oilprice.com. I posted it earlier as one story among many. Needs to be re-posted/discussed. From the article:
China National Offshore Oil Corporation sold two liquefied natural gas cargoes on a local exchange for the first time, just as China emerged from severe gas shortages this winter, during which industrial gas users had to divert supplies to residential customers.
CNOOC could hold another LNG auction next month, according to the official at the Shanghai exchange.
The Chinese drive to burn more gas instead of coal left residents in the north freezing in a cold snap in early December, prompting China to backpedal on the coal ban in some areas to ease natural gas shortages.
Ahead of the longest holiday period in China—the Lunar New Year in the middle of February, [China] was gobbling up LNG cargoes from all over the world as it was trying to avoid severe natural gas shortages.
This resulted in China becoming the world’s second-largest LNG importer in 2017, outpacing South Korea and second only behind Japan
Chinese LNG imports surged 46 percent last year.
Wow, talk about so many story lines. Just that last line, for example: Chinese LNG imports surged 46 percent last year.

I immediately thought of this article posted just a few days earlier:
Now, today, from energypost.eu:

Oh, well.

Yes, to answer the question, India was a signatory to the Paris climate accords.

The accord: only words.



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