Asia VLSFO supply set to remain tight despite China hiking export quotas

China’s higher export quotas are likely to have little impact on tight regional availability of low sulfur fuel oil as high gas prices raise the cost of production and other factors offset the expected incremental output increase in China, industry sources told S&P Global Platts. LNG prices surged in 2021 from the year before, with the JKM averaging $15.03/MMBtu over…