China’s LNG Imports Will Rise to 67 Million Tons by 2025

Gazprom Marketing & Trading Director Medan Abdullah said in an interview with PRIME that China will raise imports of LNG to 67 million metric tons by 2025. China currently imports 18 million tons per year.

Global LNG market will show an annual rise by 5% due to some countries striving to diversify gas supplies and China has a particular interest in LNG in an effort to improve the environmental situation. Asian countries in general will be looking for new gas supplies, especially the ones without large pipeline networks. Abdullah also said that this is the reason why the company is working on developing the LNG business as the global natural gas supply will rise by 2% annually.

In numbers, Asian countries will consume up to 1.15 trillion cubic meters by 2030 compared to 684 billion cubic meters in 2012. Global consumption will rise from 3.6 trillion cubic meters in 2012 to 4.6 trillion cubic meters in 2030, he added.

LNG World News Staff, May 28, 2014

Share this article

Follow LNG World News

Events>

<< Nov 2019 >>
MTWTFSS
28 29 30 31 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 1

CWC World LNG Summit & Awards Evening

The CWC World LNG Summit & Awards Evening will be returning to Rome in 2019 to celebrate it’s 20th year.

read more >

6th Mozambique Gas Summit & Exhibit

This year’s edition will have a revamped programme for attendees.

read more >

LNG Pricing, Trading & Hedging: 3-Day Training Course – London / Nov 2019

This three-day training program provides a unique opportunity to learn and apply the practical skills, knowledge and tools needed to:…

read more >

FLNG World Congress 2019

2019 FLNG World Congress will bring together stakeholders across the floating liquefaction value…

read more >