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Sino US energy cooperation deepens global LNG trade scale expansion

Source:2017-11-16view:

Summary:Recently, during the visit of President Trump to C...

Recently, during the visit of President Trump to China, Chinese and American enterprises signed many big orders, including more enterprises in natural gas or other energy fields, and in-depth cooperation in energy trade between China and the United states.

View: in this year's global LNG trade market, due to the global economic recovery has stabilized and upward trend, especially in China, Europe, Japan and the United States and periodicity of the Asian emerging market economies rebounded faster, Global LNG trade rose sharply last year compared with last year.

In 2017, the global LNG trade is expected to reach 368 billion 200 million cubic meters, an increase of 6.23% compared with 2016. The proportion of liquefied natural gas (LNG) trade in natural gas trade continues to rise, which is gradually showing the trend in the current natural gas trade market. In recent years, with the progress of LNG production technology, natural gas trading is gradually get rid of the dependence on the pipeline network, and move to the world in a flexible and diversified form.

At the same time, the U.S. shale gas production needs to seek market after increasing production, the key areas of natural gas consumption are in Europe and the Asia Pacific region, and the demand for long distance transportation has increased the trade volume of LNG. In addition, Australia's many liquefied projects put into operation also increased the global LNG trade volume. n the pipeline network, and move to the world in a flexible and diversified form.

With the deepening of globalization and the development of export facilities in the United States, Australia, Qatar and other natural gas exporting countries, the global gas trade will become more and more busy, and the scale will become larger and larger. At the same time, its characteristics will be closer to the two aspects, one is the liquefied natural gas (LNG) trade volume accounted for the proportion of natural gas trade continues to rise; two is the trade contract will become more flexible.
the U.S. shale gas production needs to seek market after increasing production, the key areas of natural gas consumption are in Europe and the Asia Pacific region, and the demand for long distance transportation has increased the trade volume of LNG. In addition, Australia's many liquefied projects put into operation also increased the global LNG trade volume. n the pipeline network, and move to the world in a flexible and diversified form.