Emerging suppliers are banking on China's gas needs
The country is poised to be a pivotal player in global gas markets as demand surges
China, with its ballooning demand for gas, is actively being courted by the world's largest gas exporters, particularly Russia, as a pivotal growth market for the future. Meeting surging demand should not be a problem with no shortage of would-be suppliers. Liquefied natural gas (LNG) import terminals are being built at such a rapid clip, that by the end of the decade China's total regasification capacity could exceed number one LNG buyer Japan, while mega pipeline deals with Russia are in the works too. But Beijing is keeping its options open as it aims to drive harder bargains. And despite the pace of demand actually slowing last year for the first time in a decade, emerging suppliers are
Also in this section
17 January 2025
Supply glut or supply deficit are both plausible outlooks, with tariffs and sanctions among the key risks that could swing the pendulum
17 January 2025
European Commission is on its way to meeting clean energy goals, but energy security concerns and higher costs may give it second thoughts
17 January 2025
The CEO of QatarEnergy has highlighted the potential impact a new EU directive could have on energy exports to the continent
16 January 2025
The government’s resource nationalism is aggravating the NOC’s debt position and could yet worsen if also tasked with the decarbonisation shift