The government is curbing imports of liquefied natural gas due to surging prices, potentially putting the country at risk of fuel shortages.
State-run importers cut purchases of LNG from the spot market because of skyrocketing prices and limited availability, according to traders.
And while they plan to boost purchases of cheaper alternatives, like diesel and fuel oil, the deficit left by cutting LNG may be too large to be filled by other sources, said the traders who didn’t want to be named as they’re not authorised to speak to the media.
“We won’t let a fuel shortage happen,” deputy government…
