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China’s focus on self-sufficiency will not hold back LNG demand [Gas in Transition]
May 4, 2021 5:15:am
Summary
The focus of China’s 14th Five-Year Plan is self sufficiency with an implied short-term increase in coal use and a major effort to boost domestic gas production, alongside rapidly expanding renewables and nuclear capacity in electricity generation. Yet even as gas imports along the new Power of Siberia ramp up, China’s demand for LNG is expected to grow fast. Projections of 80-110bn m3/year by 2025 could well prove low, given LNG’s flexibility in meeting demand variations, possible shortfalls in targeted domestic gas output and gradual liberalisation of the gas market. [Gas in Transition, Volume 1, Issue 1] ....

Li Keqiang , National Bureau Of Statistics , National People Congress , Five Year Plan , National People , National Bureau , Energy Developments , Energy Demand , Energy Market , Gas Based Heating Systems , Energy Consumption , World Bank , Shale Gas , Oxford Institute For Energy Studies , Gas Output , International Monetary Fund , Deputy Director , The Bp Statistical Review , Gas Use , Oxford Institute , Gas Fired Generation , Power Sector , Hu Zucai , Gas Fired Plants , General Administration Of Customs , Gas Fired Capacity ,