China set to overtake Japan as leading LNG importer
The first five months of this year have already seen China matching Japan on LNG imports, reports suggest. This spurred expectation that if demand continues to hold up during the winter, LNG shipments to China may exceed those bound for Japan this year
Chinese importers acting on the urge to fulfil strong domestic gas demand would not cave in to political pressure, as some previously speculated that they would, or shut their door on cargoes from Australia, Wood Mackenzie says