2 ms·
China is already importing some 10 Million Barrels per day of Crude, importing more LNG doesn't really seem like that much of a stretch.
by onepointsixC 7y ago
China is already importing some 10 Million Barrels per day of Crude, importing more LNG doesn't really seem like that much of a stretch.
- seanmcdirmid 7y agoThey are beginning to import LNG as well, but it is much more expensive to import it than to pipe in from somewhere else in gas form. They are trying to create pipelines from Myanmar and Easter Russia to make that much cheaper. They also have to compete with next door Japan AND Korea for LNG imports, which runs up the price. China would also rather use domestic sources of power if possible.