LNG

A US report said natural gas demand in China has continued to rise even as pipeline gas and LNG imports have increased and as the government attempts to boost domestic output from shale gas projects run by two Chinese majors.

The US is likely to become a larger supplier of liquefied natural gas to China once the build-out of the next wave of liquefaction and export capacity on the US Gulf Coast is completed because of continued domestic challenges in the Chinese energy and shale-gas sectors.