Insight
LNG 2019: How China’s LNG market will evolve as more infrastructure is built
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Wood Mackenzie's China Gas & LNG Senior Manager, Miaoru Huang delivered this paper at LNG 2019, Shanghai on April 4th. The paper session was entitled 'LNG Infrastructure Projects: Cases and Trends'. Utilising research from our China Gas and Power Service, the paper outlines the infrastructure challenges to China's long-term gas demand growth and how regas, storage and import pipelines are progressing . It also explores the implications on LNG markets in China and globally.
Table of contents
- Introduction
- Background
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Regas capacity expansion will position China for further LNG demand growth post-2020
- Gas storage build will (slightly) moderate LNG demand seasonality
- LNG trucking and new modes of logistics will enable LNG to reach further inland
- Expansion of pipeline import corridors will introduce volume competition to LNG
- As infrastructure develops, LNG’s price competitiveness will become even more important
- Infrastructure will enable a more resilient and efficient gas market, leading to changes in gas pricing with potential global implications
Tables and charts
This report includes the following images and tables:
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China gas demand growth 2016-2018China gas as supply growth 2016-2018China regas terminal capacity outlook
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Working gas in underground gas storage facilitiesLNG storage capacity at terminalsInnovation in LNG logistics has helped partially overcome some of the challengesPipeline import projectsDelivered prices of pipeline imports into coastal regionsImplications for LNG market in China and globally
What's included
This report contains:
