Although China will continue to raise its liquefied natural gas (LNG) imports this year, the 2019 rise in the world’s key LNG demand growth market may not be enough to absorb all the new supply coming on stream over the next months. According to analysts at this week’s LNGgc Asia conference in Singapore, new demand this year would be lower than the expected new supply. Jason Feer, head of business intelligence at Poten & Partners, said that the company expected 33 million tons of new global LNG supply to hit the market this year, while demand is seen growing by just 16 million tons, Reuters columnist Clyde Russell writes. China will still see its LNG demand growing, but at a slower pace than the growth between 2017 and 2018. China’s LNG imports reached a new record-high in January 2019, but as the winter heating period is coming to an […]