China s economic rebound to stimulate gas demand | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
China will lead Asian natural gas demand to return to modest growth of around 3 percent this year, the highest among all regions worldwide, according to a recently released gas market report by the International Energy Agency.
A surge in global LNG prices to record highs, growing geopolitical uncertainty and domestic demand destruction mean that China’s LNG imports may not show much growth in 2022, forcing the country to depend more heavily on pipeline gas imports and domestic gas production. The energy sector is now factoring in a sustained period of high .