Related Articles
Leaders
Forward article link
Share PDF with colleagues

Will China and India really be big markets for LNG?

Coal’s resilience and a stronger push for renewables may dampen the countries’ enthusiasm for seaborne gas

ASIA’s two largest emerging economies are unlikely to become the heavyweight markets for liquefied natural gas that exporters hope. A combination of overcapacity and stranded assets in coal-fired power generation and a friendly regulatory environment for solar and wind will temper the need for imported natural gas. The two countries are shifting away from coal, but towards renewables. India and China are both strongly favouring the deployment of renewable energy, even as their enormous coal-fired-electricity sectors struggle with a glut of plants and falling utilisation. Plans for new fossil-fired units are being curtailed in an effort to cure the overhang of underused and even stranded ass

Also in this section
Rovuma exports inch closer
24 April 2017
Eni's project in Mozambique should soon get the official go-ahead. Tanzania's progress is much slower
Start-stop for Russian LNG
24 April 2017
Some Russian LNG projects are advancing, but bigger expansion plans look ever distant
Surf's up for LNG in Europe
24 April 2017
Everyone expected a wave of supply to be hitting Europe’s market by now. It hasn’t arrived yet, but it will