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Chinese LNG imports face headwinds in 2020

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Asian LNG spot price can fall below $3/MMBtu this year: Platts Analytics

Watch: Chinese LNG imports face headwinds in 2020

China's LNG import growth slowed in 2019 compared the pace set in the previous three years but was still one of the fastest-growing markets globally. S&P Global Platts LNG Analytics - Asia Manager Jeffrey Moore explains that with competing supplies from domestic production and the newly-commissioned Power of Siberia pipeline, LNG imports are at further risk of slowing in the country. However, with new infrastructure and historically low JKM, the benchmark price for Asian spot LNG, the market could see some tailwinds for Chinese LNG imports in 2020.