Earlier from Goldman Sachs:
Asia LNG prices could jump to above $20/MMBTU if European gas supply tightens this winter.
More now:
China’s 2024 LNG imports are estimated to revert back to the previous record high of just over 80 million tonnes per year.Russia to China gas pipeline is expected to be fully utilized next year, leading to significant growth in China’s LNG imports over the next 10 years.China’s power sector is expected to be the main long-term driver of natural gas consumption.
This article was written by Eamonn Sheridan at www.forexlive.com.