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Policy decisive to unlocking China’s gas potential

The Chinese gas market is not necessarily on the cusp of becoming huge, with the country facing similar challenges to those that have dented consumption in Europe.

Ningbo LNG terminal. China’s gas imports could total 500 bcm between 2015 and 2020. (CNOOC) Ningbo LNG terminal. China’s gas imports could total 500 bcm between 2015 and 2020. (CNOOC)

The Chinese gas market is not necessarily on the cusp of becoming huge, with the country facing similar challenges to those that have dented consumption in Europe.