China’s LNG Slowdown Is Set to Reshape the Global Gas Trade ...Middle East

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China’s LNG Slowdown Is Set to Reshape the Global Gas Trade
source : OILPRICE ( Middle East ) () 80
China’s demand for liquefied natural gas is on course for yet another annual decline this year, estimates from BloombergNEF suggest. The outlet expects Chinese LNG demand to be 5% weaker this year than last, at 73 million tons. Such a development would dethrone China as the largest LNG importer in the world, with the dubious import-dependence crown going to Japan. The BloombergNEF forecast follows reports earlier this week that revealed China’s LNG imports have been on the decline for 13 months straight. The country’s November…

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