The latest ‘Global LNG Market Analysis & Outlook 2018 – 2022’ has been released by ResearchAndMarkets.com.
China’s interest in reducing its trade surplus with the US through increased energy imports could advance plans for US LNG plants.
Commodities were a big casualty of the escalating trade war between the US and China, but are now set to be a major beneficiary of Beijing’s pledge to import more American goods.
PetroChina has curbed supplies of the fuel to some industrial users in northern and western regions.
Chinese gas distributor ENN is seeking a commissioning cargo for the country’s first privately owned LNG import terminal.
Siemens is due to supply its first SGT-700 gas turbine to China’s distributed generation market in 2019.
CNOOC has sold 90 000 t of LNG for delivery in July and November in its first such auction on the Shanghai Petroleum and Gas Exchange.