CHINA'S LNG DEMAND UP

REUTERS - China's demand for liquefied natural gas (LNG) is expected to grow by 20 percent to 25 percent in 2018 despite heightened trade tensions with the United States, Qatari Energy Minister Mohammed al-Sada said on Thursday.

Al-Sada said demand from China, which displaced South Korea as the world's second largest importer of LNG in 2017, was expected to show strong growth again this year after rising about 46 percent last year.

"It looks like that growth is going to continue at 20, 25 percent, maybe more," he told Reuters ahead of a bilateral Qatar-Germany investment conference in Berlin on Friday.

Overall global demand for LNG this year was expected to match the 11 percent jump seen in 2017, al-Sada said.

Worldwide growth is driven by new LNG consumers as well as growth in existing markets such as China, which is buying more gas to wean the country off dirty coal to reduce pollution.

Al-Sada said he hoped the United States and China would resolve their differences over trade and avert a trade war.

"I think and hope that logic and rationalism will prevail," he said. "It is in the interest not only of the two countries, but also the rest of the world."

China last month included LNG for the first time in its list of proposed tariffs on $60 billion worth of U.S. goods, signaling that it will not back down in a protracted trade standoff with Washington.

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Earlier:

2018, August, 22, 13:00:00 U.S. - CHINA: COUNTERPRODUCTIVE U.S. API - API emphasized the counterproductive effects of Section 301 tariffs on America’s natural gas and oil sector, underscoring the damaging impact that Chinese retaliatory tariffs would have on U.S. LNG exports, and urged the Administration not to impose additional tariffs on Chinese products at today’s hearing before the U.S. Trade Representative on Section 301.

2018, August, 22, 12:55:00 CHINA'S LNG TERMINAL REUTERS - China’s Sinopec Corp has teamed with Zhejiang Energy Group Co Ltd on a 3 million tonne-per-year liquefied natural gas (LNG) terminal in east China, with the first phase set for operation at end-2021, the state oil giant said

2018, August, 13, 13:40:00 CHINA STOPPED U.S. LNG BLOOMBERG - Under the plan, PetroChina would boost buying of spot cargoes from other countries or swap U.S. shipments with other nations in East Asia to avoid paying additional tariffs, said the people, who asked not to be identified because the information isn’t public.

2018, August, 10, 10:50:00 U.S. - CHINA LNG DOWN REUTERS - U.S. exports of liquefied natural gas (LNG) to China in July fell to their lowest level in a year and are expected to decline further as the Sino-U.S. trade dispute forces utilities to seek alternative supplies.

2018, August, 10, 10:45:00 QATAR - CHINA LNG REUTERS - PetroChina Ltd is in advanced discussions with Qatar to purchase liquefied natural gas (LNG) under short- and long-term agreements, three sources with knowledge of the talks said on Wednesday.

2018, July, 25, 09:30:00 U.S. - CHINA LNG DOWN REUTERS - China, which purchased 14 percent of all U.S. LNG shipped between February 2016-April 2018, has taken delivery from just one vessel that left the United States in May and none in June compared with 14 during the first four months of the year.

2018, July, 23, 13:40:00 КООПЕРАЦИЯ РОССИИ И КИТАЯ МИНЭНЕРГО РОССИИ - «Последовательно реализуются ключевые проекты двустороннего взаимодействия, включая поставки природного газа по «восточному» маршруту и «Ямал СПГ». Ведется кооперация в нефтяной сфере в рамках организации поставок по нефтепроводу «Сковородино-Мохэ». Заинтересованы в участии китайских компаний и в других перспективных проектах, включая Арктик СПГ 2».