China Ramps up LNG Investment to Avoid Power Shortages – SCMP

China is scaling up construction of liquefied natural gas (LNG) facilities as it looks to bolster its energy security, the South China Morning Post reported.

Beijing plans to add 224 billion cubic metres of LNG-receiving capacity and build 34 coastal terminals by 2035, said the report, as it bids to protect itself from any future power crises.

Read the full report: The South China Morning Post

Read more:

China LNG Imports From US Plunge 95% Amid Ukraine War – WSJ

Blast at Freeport’s US LNG Terminal to Hit Asia Markets

Asia LNG Prices Rise as Japan, Korea, India Boost Stocks

Alfie Habershon

Alfie is a Reporter at Asia Financial. He previously lived in Mumbai reporting on India's economy and healthcare for data journalism initiative IndiaSpend, as well as having worked for London based Tortoise Media.

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