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The changing outlook for China's CCGT market

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17 November 2015

The changing outlook for China's CCGT market

Report summary

China's gas market is changing dramatically. With much slower gas demand growth, LNG buyers are struggling to find a home for their contracted volumes. In the power sector, combined heat and power (CHP) looks a promising option to take more gas, attracting a number of market players. Price differentials between spot LNG and China’s regulated piped gas prices are also supporting fuel switching to LNG. However, LNG demand upside in the power sector still remains limited due to a number of market-specific challenges.

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  • The changing outlook for China's CCGT market

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