Earlier this month, Gas Matters' sister publication LNG Business Review examined the challenge China’s three NOCs – PetroChina, Sinopec and CNOOC – face digesting the huge volumes of LNG they have committed to. Indeed, while China’s latest five-year plans indicate an increasing emphasis on gas-fired power, the country's clumsy mix of central control and market mechanisms may have unintended consequences. Gas Matters discussed these issues further with Li Yao, founder and CEO of China-focused SIA Energy. Yao works closely with Chinese government agencies as a key energy advisory to the National Energy Administration, National Development and Reform Commission, Ministry of Land and Resources, and State Council Research Center.
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