China Sees Seasonal Lull in Oil Imports Due to New Year Break

March 12, 2024/in /by Rudolf Huber

How many more of those lulls are we going to see? Because I think there is more than meets the eye. I have said for years that the Chinese economic model will crash and it will do so pretty violently. Now they use every excuse in the book to mask a problem that nobody can solve. If solution means getting out of the conundrum without getting stomped to bits then we are looking at the impossible. China is facing the mother of all economic meltdowns and there won’t be any kind of positive comeback in my lifetime. I doubt my children will see China come back again. The Ponzi finally meets its end. Save who can.

China's oil imports eased in the first two months of 2024 on a seasonal lull due to the Lunar New Year break, and as private refiners held off on some purchases.

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I met Rudolf at the beginning of 2011, since we were both involved and working together within several European / Scandinavian projects for the development of technology, standardisation and legal aspect in the use of LNG as marine fuel and along its supply chain. Rudolf has vast expertise in, and perspective on, different aspects of LNG technologies, suppliers, infrastructures and supply chain options. He is able to provide a deep understanding and insight into these areas and is a conscientious and diligent source. Moreover, he is a tremendous visionary on the geopolitical, trading and technology aspects of energy, with a special remark for LNG traditional and small / mid magnitude chain. Rudolf has very proactive personal and working approach and is an excellent team worker and leader. Not least, he has a unique persuasive way of writing, negotiating and delivering speeches. I would certainly recommend him as an excellent expert and believe he would be a powerful asset for any company actively working in Oil and Gas. Thank you Rudolf! Marco

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I was introduced to and met Rudi in Angola when he started to develop his Sub Saharan Africa network. At the time he worked for EconGas/OMV and he tried organizing longterm LNG supply for them under the unlikeliest of all circumstances. He figured that Africa would be the only place where this would be a realistic prospect for long term uncommitted supplies of LNG. Rudi did not hesitate, started in Africa from absolute zero and spawned relationships and personal friendships with incredible speed. When I met him I didn’t know much about LNG. Today I follow the LNG news on my continent with great interest and a much clearer understanding of the LNG trade. Whenever I have a job that involves venturing into the unknown, Rudi will always be my man.

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Environmental Film Group West

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