China to import more gas from US
By Zheng Xin | China Daily | Updated: 2018-05-22 07:01
China's natural gas imports, which currently account for more than 30 percent of domestic consumption, will continue to rise and boost Sino-US energy trade while changing the global market pattern, experts said.
The nation's growing demand for natural gas, under a policy to replace polluting coal with clean natural gas to combat air pollution, is set to attract more energy majors worldwide to meet the demand, while a more diversified and flexible natural gas import channel will also help ensure national energy security, said Li Li, research director at energy consulting company ICIS China.
Record-high oil output in the US and surging demand for gas in China have been a mainstay for global energy trade, she said.
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