China will increase its imports of liquefied natural gas to relieve the current gas shortage, Xinhua news agency reported Sunday, citing Zhang Guobao, head of the National Energy Administration.

Large parts of China are suffering shortages of coal, gas and
electricity due to an usually cold winter. In early January, the
country stepped up rationing of electricity and natural gas, and on
Jan. 15 vice-premier Li Keqiang called on domestic coal and gas
producers to increase output and for higher coal and gas imports.

China will also build more LNG terminals, pipelines and storage
facilities in coastal areas to facilitate imports, Xinhua cited Zhang
as saying.

China is also currently diversifying the sources of its imported
natural gas, adding countries such as Malaysia, Qatar, and Papua New
Guinea to traditional suppliers such as Indonesia and Australia, Xinhua
quoted Zhang as saying.

Source: Dow Jones

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