Opinion

China’s LNG terminal boom runs into demand headwinds

China’s LNG infrastructure is expanding at a rate that is increasingly outstripping domestic demand, raising alarms over underutilised assets and potential financial losses for terminal operators

With consumption of LNG constrained by slower economic growth and cheaper alternatives among other factors, China faces a mismatch between import capacity and actual demand.
With consumption of LNG constrained by slower economic growth and cheaper alternatives among other factors, China faces a mismatch between import capacity and actual demand.Photo: RYTIS DAUKANTAS/UPSTREAM
Asia CorrespondentSingapore
Published 9 June 2025, 23:35Updated 9 June 2025, 23:35
ChinaUpstream AnalysisAsia & OceaniaEast Asia