LNG projects will increase production
Fifty-five projects for liquefied natural gas will be completed this year to bring China’s total daily LNG production capacity beyond 60 million cubic meters, according to estimates from a Shanghai-based energy consultancy.
LNG production capacity grew 51.2 percent to 38.35 million cu m a day last year, according to ICIS C1 Energy.
Figures from the CNPC Economics and Technology Research Institute, which uses different calculation methods, show that China has 66 LNG projects in operation with a total capacity of 33.77 million cu m a day.
The figure will grow to more than 70 million cu m a day this year if all the projects under construction are completed, said the institute.