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Market will need to adjust as China scales back oil imports Reuters commentary; Sept 3 There is a crude
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coming from China and the U S However the Paris based adviser to energy importing nations said
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China’s push to sign LNG deals gives it more influence in the market Bloomberg; July 3 “Energy security
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while PetroChina owns 20 percent Only a handful of B C LNG projects remain active down from over 20
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of a tiny pool of large buyers notably China and India And with tankers having to sail thousands
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2018 China sends confusing signals for tariffs on U S LNG crude oil Radio Free Asia; Aug 20 China has
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the Anadarko operated Mozambique LNG project and a handful of plants in the United States PetroChina signs deal
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include PetroChina 15 percent Mitsubishi’s Diamond LNG 15 percent and Korea Gas 5 percent Since scrapping
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S China trade deal may not do much to help LNG analysts say CNBC; May 12 Gas producers and liquefied
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many in the industry believe pointing to slowing growth in China weaker European demand
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it reaches shore Draft plan calls for China to boost LNG capacity four fold by 2035 Bloomberg; Jan 15 China
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In addition the lockdown of Shenzhen and Chengdu last week added to the view that China may remain a soft spot
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further across much of the world In China industrial users including makers of ceramics glass and cement
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to open the taps Oil tankers line up to unload as China boosts refinery output Bloomberg; June 1 Queues
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on a 2 000 mile gas pipeline that runs from Siberia to Northeast China The Power of Siberia line is “a
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13 2020 China’s 2020 gas demand to grow at slowest pace in 4 years Reuters; Jan 13 China’s natural
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to an end — for one month at least In November Australia was the biggest exporter and China the biggest
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announced the start of production at Yamal LNG in which Total China National Petroleum Corp and China’s Silk
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2021 China’s reliance on imported natural gas poses security risk Reuters commentary; March 12 China
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2020 China is saving about 250 million a day with low oil prices Bloomberg; March 24 As the U S finds