‘The next five years will be the best for gas’: Dr Michal Meidan, director, China Energy Programme, Oxford Institute for Energy Studies

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China’s declaration of force majeure in March on LNG and pipeline imports highlighted a critical problem for its suppliers in Central Asia: specifically 2020’s price disparity between the LNG spot market and imports from Turkmenistan, Uzbekistan, and Kazakhstan on the Central Asia Gas Pipeline (CAGP). As a result of these shifting price dynamics, China has altered its buying patterns in favour of flexible LNG, with Central Asian nations bearing the brunt of volume reductions. Gas Matters speaks to Dr. Michal Meidan, director of the China Energy Programme at the Oxford Institute for Energy Studies (OIES) about the outlook for pipeline imports into China and how Beijing’s midstream reforms are affecting the development of new pipeline infrastructure.

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