In an effort to increase the share of natural gas in its energy supply, China’s state energy company Sinopec plans to nearly triple receiving capacity for liquefied natural gas (LNG) by 2023, and to raise its domestic shale gas production by two-thirds by 2020. Sinopec will aim to lift the share of natural gas to half of its total energy supply by 2023, according to company executives. The drive is also fitting the broader Chinese push to fight pollution by having millions of households switch to natural gas from coal for heating. This resulted in China becoming the world’s second-largest LNG importer in 2017, outpacing South Korea and second only behind Japan, the U.S. EIA said in February. Chinese LNG imports surged 46 percent last year. And while China increased its domestic production and pipeline imports last year, it was not enough; natural gas shortages in northern China led […]