Never rely on solely on the great sucking sound for the justification of your LNG project. We have seen many times how enticing, but mostly ephemeral those market prospects are. How many projects got bloodied by planning for the sky and finding themselves in hell. LNG has great prospects but its not an island full of nectar and ambrosia. It can be hellish but LNG pros are cut from a tough cloth. Let’s get some resilience into those projects.
China’s LNG demand growth is expected to continue rising in 2019 in line with its industrial and residential gas use, but the pace of that growth is set to slow as domestic gas production and pipeline imports pick up.