LNG

China leads Asian LNG market growth in 2016

China's LNG imports are on a growth trajectory and the country could quickly surpass South Korea as the world’s second-largest LNG importer China's LNG imports are on a growth trajectory and the country could quickly surpass South Korea as the world’s second-largest LNG importer.
By Andrew Walker 6 March 2017 0 24487

Japan and Malaysia were the only two countries in Asia Pacific to import less LNG in 2016 than in 2015. The size of the Japanese market means that even a relatively small decline has a big impact on the region’s total imports. The 2% decline seen last year in Japan was more than double the 800,000 tons of combined growth experienced by Taiwan, Thailand and Singapore.

China was the real growth market in the region, with imports increasing...