• Global Gas Analytics
  • Analysis & Forecasts

Asia Pacific Storage

January 2018

Plans to expand China’s LNG storage capacity could ease regional shortages and support greater gas use in 2018.

China has around 6 million cubic metres (MMcm) of LNG storage capacity at its LNG import terminals. This is low compared with other major LNG importers in the region – South Korea, for example, has around 11.6 MMcm. However, China’s three NOCs – which are also its leading LNG importers – are planning to expand storage capacity at the country’s import facilities. China National Offshore Oil Corp. is...