China’s LNG imports grew by 46% in 2017, having grown by a third in 2016, making it the world’s second-largest importer, usurping South Korea. As a result, China accounted for almost half of last year’s global LNG demand growth, causing the long-anticipated supply glut to be “conspicuous by its absence”.
The question now is whether Chinese growth on this scale can continue, just as new liquefaction trains around the world start up, while those that have recently started up continue ramping up output, and numerous new projects aspire to soon take a final investment decision (FID).
In the first of a two-part series, LNG Business Review looks at the factors that have been driving demand growth in China and their current status, while Part Two will focus on the constraints China faces and how much of a challenge they represent to LNG import growth.
Our three titles – Gas Matters Today, Gas Matters and LNG Business Review – tackle the biggest questions on global developments and major industry trends through a mixture of news, profiles and analysis.
Gas Matters Today
Gas Matters Today's news analysis keeps you fully briefed on the relevant people, companies and events shaping the gas, LNG and wider hydrocarbon industries.
Gas Matters provides essential context for the global gas industry and wider energy complex, pairing insider insight with broader themes - from geopolitics to macroeconomics to regulatory risk.
LNG Business Review
LNG Business Review gives the insiders view on issues LNG mangers are facing today, written by Gas Strategies' network of LNG experts.Stay current and search the past
Access news and features published daily*, plus a fully searchable archive.Available when you need it
Save stories, features, news and interviews and also read offline in the Gas Strategies app.Stay up-to date
Get real-time access to articles as they are published with alerts for the latest content.Flexibility
Access content via mobile or tablet, dedicated apps, web browser or customise a downloadable pdf.Subscribe
For more information please contact the subscriptions team on +44 (0) 20 7332 9981 or [email protected]
*Monday to Friday, excluding UK public holidays.