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2020-09-25 13:10:00

CHINA LNG IMPORTS UP

CHINA LNG IMPORTS UP

REUTERS - SEPTEMBER 25, 2020 -  China's imports of liquefied natural gas will likely grow 10% to new highs this year as companies scoop up cheap supplies to cover increasing industrial use and robust residential demand.

With its total natural gas use likely expanding at 4-6% this year, China is the only major bright spot on the world gas market, where demand is set to fall by about 4% as the global economy contracts due to coronavirus lockdowns.

LNG imports…

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