Gavin Thompson, Vice Chair, Wood Mackenzie Asia Pacific spoke to Xueke Wang from the company’s Asia Pacific Gas Research team to find out more about China’s surging LNG market.
China is set to contribute 27% of the total LNG regasification capacity additions between 2021 and 2025.
GTT has received an order for the design of two very large membrane full containment LNG storage tanks.
The parties signed a Heads of Agreement for the long-term supply of LNG from the Arctic LNG 2 project.
A recent report by GlobalData states that Russia and China will contribute 43% of the total small scale liquefaction capacity additions between 2021 and 2025.
The companies have formed a joint venture to sell LNG, supplied by Total, to Shanghai and the Yangtze River Delta regions.
Qatar Petroleum has signed a 10-year agreement with Sinopec to deliver 2 million tpy of LNG to China.
GTT extends collaboration with BGG for the future construction of up to six more large LNG storage tanks in China.
ICE is set to launch LNG freight futures based on Spark Commodities’ assessments in a key milestone for global natural gas markets.
Avenir LNG Ltd has announced the launch of the world’s largest dual-purpose, LNG supply and bunkering vessel.