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- In China, imports will likely increase as prices fall, but domestic gas production, pipeline gas imports, and policies favoring domestic energy industries could constrain structural demand growth and leave Chinese LNG buyers with a surplus of contracted volumes.
ieefa.org/resources/global-lng-outlook-2024-2028
May 16, 2024 · For power plants in China, however, LNG prices would need to drop to below $6 per million British thermal units (mmBtu) for consumption to pick up, added Zhang, who spoke to Reuters on the...
1 day ago · Although the 3.9 million tons shipped so far this year is only about 6% of China’s total, Chinese buyers have contracted for 14 million tons of US LNG starting from 2026, according to BloombergNEF. If Washington presses ahead with a threatened 60% tariff on Chinese goods, Beijing’s retaliation could include duties on American gas.
Apr 25, 2024 · In China, imports will likely increase as prices fall, but domestic gas production, pipeline gas imports, and policies favoring domestic energy industries could constrain structural demand growth and leave Chinese LNG buyers with a surplus of contracted volumes.
May 15, 2024 · China could beat its 2021 all-time high of LNG imports this year, as industrial and commercial sectors are set to drive demand for the super-chilled fuel, an official at state-held energy...
Sep 9, 2024 · China’s natural gas in storage is nearing capacity, which could spell a decline in imports of liquefied natural gas, Bloomberg has reported, citing data releases from several regional gas...
Mar 28, 2023 · China's LNG import growth is being capped by weaker-than-expected downstream natural gas consumption, a feeble response to a decline in gas prices, and the slow pace of economic recovery and industrial activity.
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Will China's liquefied natural gas imports hit record levels in 2024?
Feb 29, 2024 · Projected LNG imports in 2024, however, may still be under pre-Ukraine crisis levels, when China imported 78.8 million mt in 2021, according to customs data. ETRI expects the volume of China's new long-term LNG contracts that start deliveries from 2024 at around 11.46 million mt/year.
