Research and Markets: The Increasing Role of China and India in the Global LNG Market

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DUBLIN--(BUSINESS WIRE)--

Research and Markets (http://www.researchandmarkets.com/research/89d38a/the_increasing_rol) has announced the addition of GlobalData 's new report "The Increasing Role of China and India in the Global LNG Market" to their offering.

The Increasing Role of China and India in the Global LNG Market

The Increasing Role of China and India in the Global LNG Market provides analysis on the growing importance of China and India in the global LNG industry. The report provides an overview of the global liquefied natural gas (LNG) market, detailing the growth in liquefaction and regasification capacities, major players, key trends, contracted LNG supplies and trade movements. The report details the position of China and India in the global LNG industry in terms of regasification capacity, contracted capacity, imports and upcoming LNG terminals. It provides in-depth analysis of the regasification industry in China and India in terms of future growth, demand and planned terminals. The report also provides detailed analysis of the long-term LNG supply purchase contracts signed by China and India to secure their future supplies. Finally, the report analyzes the effect of growing LNG demand in China and India on the global LNG industry.

China and India to Witness Rapid Growth in LNG Demand

The growing natural gas consumption in China and India will lead to the increased dependence of these countries on LNG imports, which are expected to touch 50 million tons per annum (MMTPA) by 2015.

By 2015, China and India as a combined LNG importing entity will stand third in terms of contracted LNG supplies, with Japan and the US ranking first and second respectively. The contracted LNG supplies to China and India are expected to increase from 15.3 MMTPA in 2009 to 44.7 MMTPA in 2015.

The figure below details the position of China-India in terms of contracted LNG supplies in 2009 and 2015.

China-India, Global Position by Contracted LNG Capacity (MMTPA), 2009-2015

China Rapidly Securing Long- Term LNG Contracts To Secure its Future Natural Gas Supplies

China has been aggressively signing long-term LNG contracts to secure steady natural gas supplies for its growing domestic demand. As of 2009, the country had 26.5 MMTPA (1,290.6 Bcf) of secured LNG supplies through long-term LNG contracts. In addition, the two Chinese national oil companies (CNOOC and Petrochina) have recently signed a memorandum of understanding with Qatargas to increase LNG supplies by 5 MMTPA. There are also talks about further increasing the supplies by 2 MMTPA. The agreements, if signed, will increase the contracted capacity of China by 285% from 8.7 MMTPA (423.7Bcf) in 2009 to 33.5 MMTPA (1,631.5 Bcf) in 2015.

Key Topics Covered:

  • 1.1 List of Tables
  • 2 Introduction
  • 3 Global LNG Market Key Trends and Demand-Supply Scenario
  • 4 China and India in the Global LNG Industry
  • 5 LNG Industry in China High Natural Gas Demand Driving Regasification Capacity Growth
  • 6 LNG Industry in India Securing Future Energy Demand Mandates Growth
  • 7 Long-Term LNG Contracts Securing LNG Supplies From China and India's Perspectives
  • 8 Growing LNG Markets in China and India The Global Impact
  • 9 Appendix
  • List of Tables
  • List of Figures

Companies Mentioned:

  • Royal Dutch Shell
  • PetroChina Co. Ltd
  • China National Offshore Oil
  • BG Group
  • ExxonMobil
  • Shanghai LNG Company Limited
  • Pars LNG - Petrochina International Company Limited
  • Dabhol Power Company

For more information visit http://www.researchandmarkets.com/research/89d38a/the_increasing_rol

Research and Markets
Laura Wood, Senior Manager
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
press@researchandmarkets.com




 
 
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