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Academic Journal of Engineering and Technology Science, 2019, 2(2); doi: 10.25236/AJETS.020042.

Analysis of China's Seaborne Imported LNG Market

Author(s)

Yunfei Gao1, *, Hong Zhen1, 2

Corresponding Author:
Yunfei Gao
Affiliation(s)

1 College of Transport & Communications, Shanghai Maritime University, Shanghai 201306, China
2 Shanghai International Shipping Institute, Shanghai 200082, China
*Corresponding author e-mail:Charles_Gaofei@163.com

Abstract

This Article studies the supply and demand of China's Seaborne imported LNG market, and compares the development level of with the global Seaborne LNG trade market. The results show that there are huge gaps between China's remarkably growing demand for LNG transportation and existing fleet capacity, and finally gives four suggestions to enhance the core competitiveness of LNG carrier owner in China. Firstly, using FOB terms to achieve the goal of “transporting the China’s seaborne Imported LNG by its own fleets”; Secondly, expanding China’s LNG fleets capacity to improve the localization rate of transportation; Thirdly, improving the construction technology of LNG ships and ships’ supporting facilities. In the end, improving the terminal receiving facilities and regasification capacity to achieve LNG door-to-door transportation.

Keywords

liquefied natural gas, China imported LNG, seaborne LNG trade

Cite This Paper

Yunfei Gao, Hong Zhen. Analysis of China's Seaborne Imported LNG Market. Academic Journal of Engineering and Technology Science (2019) Vol. 2 Issue 2: 59-65. https://doi.org/10.25236/AJETS.020042.

References

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