Markets & Forecasts
The limits to China’s LNG growth
China’s gas market growth has eased and is expected to slow further, which will have implications for the speed at which the country can expand its LNG imports China’s gas market growth has eased and is expected to slow further, which will have implications for the speed at which the country can expand its LNG imports.
23 September 2019
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China started importing LNG in 2006 and has already seen waves of ambitious and more moderate proposals to expand its regasification capacity. More new LNG terminals are being planned in China than in any other country in the world, with roughly 54 mtpa either under construction, planned or proposed. Significant new capacity is anticipated to come online between now and 2025, which will help facilitate growth in China’s LNG imports. However, not all of the proposed facilities are expected to come to fruition, and the...
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