China’s LNG Imports May More Than Quadruple by 2015, LNG Shipbuilder Says

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China may more than quadruple imports of liquefied natural gas in the six
years through 2015 because of increased consumption of the cleaner-burning
fuel, said an official from the nation’s only builder of LNG vessels. Imports may rise to 25 million metric tons a year as the nation’s energy
demand is climbing, Shen Ning, vice director of business and marketing at
Hudong-Zhonghua Shipbuilding (Group) Co., said in an interview in Shanghai
yesterday. Hudong-Zhonghua Shipbuilding has built all of the nation’s LNG
tankers. China’s LNG imports surged 66 percent to 5.5 million tons last year from a
year earlier. The world’s biggest polluting nation wants to triple the use
of gas to about 10 percent of energy consumption by 2020. The shipbuilding company, a unit of China State Shipbuilding Corp., has
delivered five LNG vessels to transport the fuel to domestic terminals and
is building another 145,000 cubic-meter LNG tanker, Shen said. http://www.bloomberg.com/news/2010-10-22/china-s-lng-imports-may-more-than-q
uadruple-by-2015-lng-shipbuilder-says.html

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