China plans to increase its liquified natural gas (LNG) imports fourfold in the next 20 years to reduce pollution from coal-fired plants. The country is also looking at developing a new generation of nuclear power plants that would be able to burn liquefied natural gas. Last year China imported 90 bcf of US LNG, far below the 141 bcf forecasted before July's tariff increases from the trade war between the two countries.
China plans to increase its liquified natural gas (LNG) imports fourfold in the next 20 years to reduce pollution from coal-fired plants. Imports of LNG rose 43% YoY in November 2018, and the ministry of transport has proposed expanding China's current 19 terminals, which have an annual capacity of 2,860 billion cubic feet (bcf) to 34 terminals at more than 11,000 bcf. Last year China imported 90 bcf of US LNG, far below the 141 bcf forecasted before July's tariff increases from the trade war between the two countries.