Related Articles
LNG storage containers at Yangshan port, China
Forward article link
Share PDF with colleagues

Letter from China: Gas boom comes with an expiry date

China’s gas market is poised for rapid expansion, but decarbonisation efforts may end the party sooner than previously expected

Business appeared to be booming—given China’s trajectory towards surpassing Japan as the world’s largest importer this year—for LNG project developers at a recent industry event in Shanghai as they lined up to tout their developments to prospective buyers. In virtual attendance were senior executives from Russia’s Novatek, Malaysian NOC Petronas, and Tellurian and Venture Global LNG from the US, some of whom dialled in after midnight from home to speak on panels. Their eagerness to participate underlines the enormous opportunity on offer: with its LNG demand bolstered by clear policy support and strong gas market fundamentals, China’s spot at the LNG importing summit looks assured for years



{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}
Also in this section
Beijing strives to balance security and decarbonisation
15 October 2021
The ongoing global energy crunch underlines the difficult task facing China’s leaders in balancing energy supply security while reaching net zero in the next 40 years
Occidental exits Ghana
15 October 2021
The US super-indie is divesting its assets in the country
Gran Tierra cranks up the gears
14 October 2021
Midstream takeaway has returned to normal in Colombia, paving the way for production growth opportunities
Sign Up For Our Newsletter
Project Data
PE Store
Social Links
Social Feeds
Featured Video