China leads nations of Asia towards LNG import and regasfication boom through 2024 Paris-based International Energy Agency issues forecasts through to 2024 with 2019 Gas Report

摘要

Global LNG trade is expected to reach 546 billion cubic metres per annum by 2024,increasing by 26 percent compared with 2018 and with the bulk of additional imports heading for emerging Asian economies,and especially China.The International Energy Agency said in its 2019 Gas Report that China is accounting for almost one-third of total LNG import growth and is expected to become the world's largest importer by around 2024 with 109 Bern per annum(82 million tonnes)against 105 Bern per annum for Japan(78MT).Other rapidly growing Asian markets represent another sizeable source of LNG import growth,accounting for 74 Bern per year of additional volumes during the forecast period.”India emerges as one of the leaders in terms of LNG growth,driven by its strong domestic consumption and the doubling of its regasification capacity over the forecast period to reach 80 Bcm/y by 2024,”said the IEA.”India has four projects under construction plus the Ennore terminal,which started operations during the first quarter of 2019,”said the report.