Lloyd’s List: Will US LNG make a splash in China?
25 June 2017: Poten’s Head of Business Intelligence, Jason Feer, was recently interviewed by Lloyd’s List as part of a profile on what LNG demand in China will look like in the short and long term and where US LNG might fit in. Mr. Feer was among several “global energy thought leaders” quoted in the piece.
Feer: “We expect that demand in China will grow significantly over the next decade as the economy grows and the government encourages the use of cleaner generating fuels. We forecast that Chinese LNG demand will more than double from just under 30 MMty in 2017 to more than 62 MMty in 2027, driven largely by these two trends. US exports to China will face competition from suppliers that are closer and therefore will able to offer cheaper freight such as Australia, Qatar and Mozambique, among others. US producers will have to offer competitive and flexible supplies in order to gain significant market share in China in the long run.”
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