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 9 images and tables including:
- China gas demand growth 2016-2018
- China gas as supply growth 2016-2018
- China regas terminal capacity outlook
- Working gas in underground gas storage facilities
- LNG storage capacity at terminals
- Innovation in LNG logistics has helped partially overcome some of the challenges
- Pipeline import projects
- Delivered prices of pipeline imports into coastal regions
- Implications for LNG market in China and globally
What's included
This report contains:
