China becomes second-largest LNG importer

News Release: CWC China LNG & Gas International Summit & Exhibition, 25 – 26 April 2018, Beijing, China
Contact: Tori Wilson, Marketing Manager, vwilson@thecwcgroup.com, +44 207 978 0000

China Becomes Second-largest LNG Importer

China’s LNG imports increased almost 50% in 2017, overtaking South Korea as the world’s second-biggest importer of liquefied natural gas. Winter demand is currently boosting this increase and China’s imports of LNG hit a record of 5.03 million last December.

“We are expecting to see even higher surges in winter demand over the next three to four years as the Chinese government pushes more broadly its gas-for-coal drive,” said Wang Wen, Beijing-based gas analyst with at Wood Mackenzie.

The significant boost on Asia’s LNG spot prices will be one of the main topics at the upcoming CWC China LNG & Gas International Summit & Exhibition, taking place at the exclusive Park Hyatt Hotel, Beijing on 25-26 April, 2018.

This high-calibre Summit will be a unique opportunity to meet with established and emerging LNG buyers who are driving LNG demand in China and globally. The 4th CWC China LNG & Gas Summit and Exhibition will focus on the latest regulation updates and offer detailed discussions on global supply & demand, LNG trading and transportation and how LNG as a fuel is creating new demand. The three Chinese NOCs and regional LNG buyers will meet with international gas suppliers, IOCs and global LNG experts to network and explore the critical role of China in the global LNG market.

Recently joining the high-profile speaker line up is Mr Zhang Rongwang, President, Trading & Marketing Branch, CNOOC Gas and Power Group. Mr Zhang is a new senior official in this division and will bring his expertise on China’s rising LNG & gas demand.

Other confirmed speakers include:
• Zhang Yuqing, Former Deputy Director, National Energy Administration
• Li Yalan, Chairperson of the Board of Directors, Beijing Gas Group Co., Ltd
• Wang Zhehong, Deputy General Manager, Shenergy (Group) Co., Ltd, Chairman,
Shanghai Gas (Group) Co., Ltd.
• Liu Jingbo, Deputy General Manager, Guangzhou Gas Group
• Zhu Xingshan, Senior Director, Planning Department, CNPC
• Guo Zonghua, President, Shaanxi Gas Design Institute
• Luo Minghan, Deputy Director General, Beihai Maritime Affairs Bureau

ExxonMobil will be sponsoring the event again in 2018, with Mabel Leung, Vice President, China natural Gas Marketing, ExxonMobil(China) Investment Co., Ltd saying “as a sponsor, it was my honour to have participated at the China LNG & Gas International Summit & Exhibition 2017. The programme was innovative and creative with various industry-related topics. This was a great platform to help us build and develop relationships with our clients in China’s LNG & Gas industry. We look forward to participating in the event again 2018.”

Other sponsors include Next Decade, Venture Global LNG, Tellurian, LNG Limited, Cheniere, China Huanqiu Contracting & Engineering Co., Ltd., Mitsibushi, GTT, S&P Global Platts and Hoegh LNG.

Download the brochure today for full programme, sponsors and speaker line-up.

For further information visit www.chinalngsummit.com


Notes to Editors:
Members of the press are invited to cover the Summit by registering online here:
www.chinalngsummit.com/press/ 


About the CWC Group:
The CWC Group is a recognised world expert in the LNG, oil and gas, power and investment sectors, with particular expertise in emerging markets. We have a wealth of knowledge offering top-level strategic events around the world. We work closely with many governments, NOCs and international corporations to highlight the key issues and challenges facing the global energy industry and facilitate debate to find solutions.

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