China: LNG Imports to Spike Next Year, Report Says

China’s LNG imports will climb 30% in 2012 to meet demand for power generation, according to Mirae Asset Securities report.

Mirae also said that it expects the country to sign more long-term liquefied natural gas deals with Australia, Indonesia, Qatar and Malaysia.

The country will consume 31 million metric tons a year of LNG by 2015, Wood Mackenzie Ltd. recently said in a report.

China imported  9.41 million tons of LNG over the first 10 months this year, according to customs data.

[mappress]

LNG World News Staff, December 15, 2011; Image: CNOOC