Highlights China’s LNG imports no longer forecast to rise on year in 2022: Analyst Fewer takers for PipeChina’s spare LNG terminal slots High prices cause demand destruction in domestic market A surge in global LNG prices to record highs, growing geopolitical uncertainty and domestic demand destruction mean that China’s LNG imports may not show much growth in 2022, forcing the country to depend more heavily on pipeline gas imports and domestic gas production. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now The energy sector is now factoring in a sustained period of high prices as Russian oil and gas is increasingly alienated from global supply. LNG trade flows are expected to change if European gas and LNG prices continue to surge, pulling away more LNG cargoes from Asia. “Commodity Insights no longer expects Chinese LNG imports to grow in 2022 versus 2021 as […]