FGE's two-part monthly report on China's latest developments of the gas markets, LNG imports, and coal/power sectors.
China’s gas demand growth has slowed down in recent years due to the zero-COVID policy and softening economic outlook, which has greatly reduced China’s industrial gas demand growth amongst other sectors.
Moving forward, with the anticipated easing of the zero-COVID policy, China’s gas demand is still expected to continue growing at a healthy pace due to continued efforts in coal-to-gas switching in the mid-term, as well as expanded gas use in the industrial, power, and transportation sectors over the long run. As such, we expect China to continue as a market driver given the sheer size of its gas/LNG requirements.
FGE’s China Gas Monthly Report, part of FGE’s China Gas Service, provides a comprehensive understanding of the key aspects of China’s gas/LNG markets.