China's LNG Demand Set to Surge, Doubling Share of Global Contracts by 2030
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China's share of active LNG contracts expected to double from 12% in 2021 to 25% by 2030 as demand grows.
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China increasing natural gas imports from Russia through pipelines as it transitions to cleaner energy.
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Demand rebounds in China in 2023 after drop in 2022; forecast to rise 6-7% in 2023-2024.
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China signs long-term LNG deals with U.S. to ensure supply and limit exposure to volatile spot prices.
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Yuan-settled LNG purchases emerging as China challenges dominance of petrodollar system.