Insight
APAC Energy Buzz: China becomes the world’s largest LNG market
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Report summary
For the first time, China will this year become the world’s largest LNG market. With the country set to account for over half of the increase in global LNG demand in 2021, all eyes are on the Chinese gas market. And with LNG demand bolstered by clear policy support and strong gas market fundamentals, China’s top spot looks assured for years to come. What is driving China’s strong LNG demand outlook? Is it sustainable? And are there downside risks for suppliers pinning their hopes on China for future growth?
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