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Project Insights

US terminals could be boon for China’s gas sector

China’s gas sector stands to benefit if Beijing permits US companies to build LNG terminals in the country, but interested developers would have to accept significant risk China’s gas sector stands to benefit if Beijing permits US companies to build LNG terminals in the country, but interested developers would have to accept significant risk.
By Colin Shek 31 May 2018 Asia Pacific / LNG 0 31082
CNOOC’s Putian LNG terminal in Fujian province. (CNOOC)

A tentative offer by Beijing to allow US companies to build LNG terminals in China could provide a new source of investment for much-needed supply infrastructure in the booming Chinese gas market, while helping to open up existing domestic terminals to third-party importers.

The Chinese government reportedly raised the possibility of US companies building LNG terminals and processing facilities in China during trade and economic negotiations between Beijing and Washington earlier this month.

The topic could be discussed again next week...