China’s gas market to provide an import boom

China’s gas market is set to grow and will become increasingly dependent on imports – this will result in a need for more piped and LNG imports
By Catriona Scott 22 June 2017
Storing natural gas at Changbei, China (Shell)

China’s growing gas market looks set to provide a boom for imports. After the moderate single-digit expansion seen in 2015 and 2016, the market is unlikely to return to the double-digit growth seen at the start of the decade. However, solid annual growth of 8-9% is expected to be seen over the next few years. This will result in a widening supply/demand gap as increases in production will be outstripped by rising demand despite the potential for improved domestic output. Imports of both piped gas...

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