×
×
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.
By Catriona Scott 23 September 2019 Asia Pacific / Supply & Demand 0 34601
Gazprom’s Power of Siberia pipeline will be a major source of gas into northeastern China. (Gazprom)

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...