Africa Oil & Gas: Egypt to halt LNG imports by June 2018

Egypt is gearing towards halting liquefied natural gas (LNG) imports by the end of 2017/2018 fiscal year which ends in June. 

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Global Gas Markets: China’s Natural Gas Consumption Soars

Chinese –  the third largest consumer of natural gas in the world, behind the U.S. and Russia – has seen its natural gas consumption surge through the first 11 months of 2017, up 19 percent year-on-year. The country is expected to show the strongest demand growth over the coming decades—propelling it to second place by 2040.   

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SteelFirst: China’s coking coal imports to halve by 2020, CLSA says

Chinese imports of coking coal are forecast to decline to just 30 million tpy by 2020 from 60-70 million tpy now, according to equity broker CLSA. This is due to the broker’s expectation that the country’s steel consumption will peak before the end of this decade as urbanisation slows, and infrastructure and construction demand start to decline. In addition, ex-China demand will draw supply away from the world’s second-largest economy, CLSA said in a recent research…

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