Chinese gas demand to rise, says IEAStaff Writer | November 25, 2016
China's gas demand will grow significantly and may help to speed up the end of the current global liquefied natural gas (LNG) glut, the director of the International Energy Agency (IEA) said.
Energy China imported 1.84 million tonnes of LNG
Chinese imports over the first nine months of 2016 were 17.87 million tonnes, up 26.5 percent over the same period in 2015.
In contrast, LNG imports to Japan, the world's biggest buyer of the fuel, dropped to 61.96 million tonnes in the first nine months of the year, down 3.5 percent from year-ago levels.
Purchases for South Korea, the world's second-biggest LNG importer, have also declined, falling 5.8 percent in the first nine months of the year. ■