Seeking Alpha

China is importing more natural gas by pipeline than sea for the first time, which could imperil...

China is importing more natural gas by pipeline than sea for the first time, which could imperil planned liquefied natural gas projects from XOM, BHP, HES and others awaiting investment approval. “We don’t think LNG will grow to be as big as many people are thinking," CLSA's Simon Powell says. “LNG prices are still too high to compete in China. Piped gas imports are way bigger.”
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