Chinese LNG faces headwinds
Huge expansion in imports masks challenges for the future
China was an apt choice for April's LNG19 conference, given the disruptive impact that its imports have had on the fuel's global trade in recent years. And Shanghai even more so, given that it is home to the huge Yangshan terminal and acts as a hub for several more LNG terminals along the Middle Kingdom's east coast. But at the event, Chinese energy officials underlined that LNG's potential to become Asia's dominant gas delivery method versus competitors such as pipelines—and indeed the future of gas itself as a cleaner fuel alternative—depends on the industry's ability to improve coordination. "Competition from pipelines and renewables is fierce, costs are still high, and the large scale of
Also in this section
5 February 2025
With new capacity, buyers must navigate sanctioned Russian crude, a return to traditional OPEC barrels and diversity of supply
4 February 2025
This premier event is poised to address the evolving technology and investment demands of North America’s thriving chemical and pharmaceutical sectors
4 February 2025
The threat of Trump tariffs and the departure of Trudeau have sharpened the domestic political focus on boosting the oil and gas industry
3 February 2025
Alaska has been engulfed by a lack of consistent policymaking and highlights the challenges financing energy projects in the US
