Global LNG Suppliers Wager That China's Demand Slump Is Fleeting
Global gas giants are betting the current lull in Chinese demand is temporary, and that the country will underpin their multibillion-dollar investments for years to come.
China's gas imports have fallen in 2025, a decline centered on seaborne shipments of liquefied natural gas that slumped 22% through April from the previous year. Demand for LNG — the fuel carried in super-chilled tankers — is headed for its first annual drop since the height of the pandemic, just as new export projects are slated to come online, led by the shale gas fields of the US.
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