Skip to content

Connecting business. Building understanding. Advancing peace.

S&P Global Energy

Industry News
Source: Reuters

China’s Energy Mix Shift Reshapes Arabian Gulf and Global LNG Export Outlook

Slowing Chinese demand growth for liquefied natural gas is impacting expansion plans for multi-billion-dollar export facilities in the Arabian Gulf and the United States. Forecasters including JPMorgan, Wood Mackenzie, and S&P Global Energy lowered China's projected early 2030s LNG demand growth by 14 million to 22 million tons.

Industry News
Source: EnergyNow

China Shifting Energy Mix Alters Projections for Gulf LNG Demand

China's increasing reliance on domestic gas and renewable energy is changing long-term demand for imported LNG, impacting Gulf export projects. Analysts have lowered China's demand growth forecasts by 14 to 22 million tons through the early 2030s. In response, Gulf exporters and Chinese buyers are adjusting long-term contract terms.

The UECN Brief

Policy updates, China–UAE business news and industry insights, delivered to your inbox.

Language
Subscriptions

Double opt-in: we send a confirmation link. Unsubscribe at any time. Privacy