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The 16th Beijing International Offshore Engineering Technology & Equipment Exhibition

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March 26-28,2026

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Iea: China will become biggest gas importer

Pubdate:2018-10-11 13:58 Source:weixudong12300 Click:

In October, China may overtake Japan as the world's largest gas importer, according to fatih birol, director of the international energy agency.


Speaking at the oil and currency conference in London, Mr Birol said: "the gas market is in transition.There are three key points.The first is China.The country is becoming a major player in the gas market."

China's natural gas imports grew by almost 40 per cent in the first eight months of the year, as a surge in Chinese demand propelled the market higher.The price of liquefied natural gas (LNG) at the Shanghai oil and gas trading center reached 4,613 yuan per ton on oct 8, breaking the peak set last year during the "gas shortage".

The second node is related to the United States.The second key point, Mr Birol argues, is the growth of America's LNG production.The iea expects the us to account for about 75 per cent of LNG supply growth over the next five years.As a result, the United States will join Qatar and Australia as one of the top three suppliers of liquefied natural gas.

"The third key point is that whenever we talk about gas, we immediately think of the industrial sector," birol said.The industrial sector is gradually overtaking the power sector as the main driver of global gas demand growth.

On October 8, the iea also predicted that China would overtake the European Union as the world's largest consumer of renewable energy by 2023.This is due to the government's policy of encouraging clean energy development.The iea believes the world needs to adopt more renewable energy, especially outside the power sector, or it will be left behind in the fight against climate change.

The 19th China international petroleum and petrochemical technical equipment exhibition (cippe2019) will be held in Beijing · China international exhibition center (new pavilion) from March 27 to 29, 2019.The exhibition will focus on new equipment and technologies in the fields of oil and gas.In the same period, there will also be special topics such as "cippe2019 exhibits innovation golden award" "the 11th international oil and gas industry summit BBS", international petroleum and petrochemical technology conference 2019, cippe2019 embassy in China (oil and gas) promotion meeting, cippe2019 one-on-one procurement matchmaking meeting, as well as a number of technical exchange meetings, new products release conference and other activities.

With the help of the cippe platform, enterprises from home and abroad will communicate and interact with new technologies and new thinking, and build a platform for international cooperation between enterprises.Welcome industry enterprises to sign up for the exhibition and visit cippe2019.

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