Capital Market Authority approves amended prudential rules for Saudi Arabia

RIYADH: China’s liquefied natural gas demand is forecast to recover in 2023 as the country emerges from COVID-19 controls to become the bright spot in Asia’s consumption for the super-chilled fuel.

China’s demand is set to rebound to between 70 million and 72 million tons in 2023, 9 percent to 14 percent higher than in 2022, say analysts at Rystad Energy, Wood Mackenzie and ICIS.

But imports to China, which has the world’s…