China’s import dependence to hit fresh high – SCI

By Tang Tian 14 June 2017
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The launch of Sinopec’s Beihai terminal has helped to increase the share of LNG in China’s import mix. (Sinopec) The launch of Sinopec’s Beihai terminal has helped to increase the share of LNG in China’s import mix. (Sinopec)

China’s dependence on gas imports could hit a record high of 40% this year as stagnant domestic output fails to keep up with surging industrial demand driven by a structural shift away from coal.

Shanghai-based energy consultancy SCI International expects China’s import dependence to top 40% in 2017, up from 35% in 2016, when apparent consumption hit 205.8 billion cubic metres and imports reached 72.1 bcm.

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