Singapore — China LNG demand is expected to rise further this year in line with its industrial and residential gas use, but the pace of that growth is set to slow as domestic gas production and pipeline imports pick up. Receive daily email alerts, subscriber notes & personalize your experience. Register Now The slowdown in China’s economic growth is another bearish factor, but one with negligible impact on gas consumption, which is more responsive to fuel-switching policies, according to S&P Global Platts Analytics. The Chinese government’s resolve to boost gas pipeline connectivity and storage capabilities will help ease distribution bottlenecks and seasonal demand shortages, reducing the country’s dependence on LNG to meet demand fluctuations in the northern winter demand centers. Despite these bearish factors, China, the world’s second-largest LNG importer, will remain the biggest contributor to global LNG demand growth, with Platts Analytics forecasting consumption to exceed Japan’s by […]