February 2015

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HP Gas Processing: Gas suppliers eye China as global LNG trade readjusts

Between 2010 and 2014, the largest volume of new gas import capacity was seen in Asia, which brought online 67 MMtpy of capacity. Asia is expected to continue leading the world in new gas import capac..

Blume, Adrienne, Hydrocarbon Processing Staff

Between 2010 and 2014, the largest volume of new gas import capacity was seen in Asia, which brought online 67 MMtpy of capacity. Asia is expected to continue leading the world in new gas import capacity over the next five years. Nearly $47 B is anticipated to be spent on the construction of 163 MMtpy of LNG import capacity, with most projects located in China, Japan and India. China is growing increasingly energy-hungry as its population and transport infrastructure expand. At the same time, the emerging economy is seeking to reduce air pollution levels caused by these expansions. China is being pressured to reduce traffic congestion and smog levels in its major cities, which are among the

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