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12:02AM

Another sign of China's growing dependency of PG energy

Recently we hear that the Saudis now send more oil to China than to the U.S.  Now we discover that China will become Qatar's top gas buyer, if a new deal passes.  

Doesn't get much more symbolic than that.

Current dealmaking by Qatar also foresees big uptick in exports of gas to India.  Both deals will counter depressed demand from US and Europe.

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