China’s regional markets present upside for LNG

China’s LNG imports have been growing rapidly this year. And with northern markets expected to potentially face tight supplies, the country’s need for imports could increase further China’s LNG imports have been growing rapidly this year. And with northern markets expected to potentially face tight supplies, the country’s need for imports could increase further.
By Catriona Scott 17 November 2016 0 24249
With northern markets expected to potentially face tight supplies, China's need for LNG imports could increase further. (Sinopec)

China’s key regional markets are forecast to see double-digit growth in LNG import volumes over the coming months. Northeastern China’s need for LNG could be especially strong this winter, increasing the country’s demand for contracted volumes as well as spot cargoes.

China’s LNG imports have increased significantly so far this year, and demand for additional cargoes is expected from key regional markets over the winter. China imported around 18 mt of LNG over the first three quarters of 2016 – an increase of roughly 27% on...

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