APAC Outlook

The exclusive meeting place for LNG and gas buyers and sellers in China

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C H I NA’S A P P E T I T E F OR LNG shows no signs of waning. The country, which leapfrogge­d South Korea to become the second-largest importer of LNG in 2017, just over a decade after its first ever shipments, is now on track to surpass Japan to become the world’s biggest buyer of super-chilled fuel in just over five years.

Last year the country boosted imports 41 percent to 54 million tonnes (mt), building on growth of almost 50 percent in 2017, and analysts at Platts project that LNG demand will hit 68 mt/year by 2023.

The government’s dash-for-gas, given added impetus by the three-year ‘blue sky defence’ policy to reduce pollution, means Chinese buyers are keen to source reliable supplies and build out storage and pipeline infrastruc­ture in order to avoid the kind of supply crunch that marked the unusually cold winter of 2017/18. The emphasis on security of supply has boosted investment in domestic gas production, which grew by 7.5 per cent in 2018, as well as gas supply deals for piped gas from resource-rich neighbour Russia. LNG, however, gives China the comfort of diversity of supply from producers from around the world.

With China seeking to bridge the gap between its gas consumptio­n and supply, the industry’s appetite for new projects is ripe. Meet all major players involved in long and short-term LNG imports, trading, policy making and financing at the 5th CWC China LNG & Gas Internatio­nal Summit, to be held in Park Hyatt - Beijing, China, on October 15-16, 2019.

Now in its fifth year, the Summit brings together the key players in the LNG and gas industry in China and globally to network, debate and do deals.

Register now to get direct access to all major decision makers and to hear from CNOOC, PetroChina Internatio­nal, Beijing Gas Group, Qatargas, Cheniere, ExxonMobil, ENN Group and more.

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