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Chinese gas boom restructuring and rebalancing the global LNG market

Fan Shi Yun, Commodity Associate

April 20, 2018 05:00:43 EST (3:59)

China imported 38 million mt of LNG in 2017, a 50% year-on-year increase, and S&P Global Platts Analytics forecasts a 22% growth this year. The country’s demand is set to reach 68 million mt by 2023, before surpassing Japan to become the world’s largest LNG importer by 2030.

In this video, Platts Commodity Associate Fan Shi Yun talks about China's policy on liberalizing its gas market, boosting third-party access to LNG regas terminals, and promoting a Chinese trading hub.

Related special report: Opportunities and challenges of China's LNG expansion

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Platts 4th Annual LNG & Natural Gas Markets Asia Conference
May 31 to June 1, 2018 | Singapore

The reconfiguration of supply and demand in the LNG industry is on course to change the nature of global trading drastically and permanently, bringing about new developments and challenges for sellers, buyers, traders and everyone in between.

Join key industry powerhouses and market movers as we assess critical trends driving markets today and share fresh perspectives on strategic opportunities in Asia as we head towards the commoditization of the LNG and natural gas.

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