30 million tons of natural gas will be imported to China! Ease the supply problem Australia is being squeezed out

Earlier this year, Qatar signed an agreement with China to export natural gas to China, decided to supply 2 million tons of liquefied natural gas annually to China for a period of 10 years 2022, a total of 20 million tons. Recently, the increase was increased. It is expected to supply 1 million tons of natural gas annually in the next 10 years. A related agreement for the supply of 10 million tonnes of liquefied natural gas. Thirty million gallons of liquefied natural gas will be imported into China to ease tight gas supplies. Will long-time partner Australia be squeezed out possibly replaced as a major gas importer?

Australia was punched in the face

Before this, Australia has been a big natural gas importer in China. According to incomplete statistics, the export volume to China is as high as 29 million tons, close to 30 million tons. China has a large population, with the proposal of sustainable development strategy, the demand for natural gas, a low-carbon low-pollution energy, is increasing. According to data, China imported about 100 million tons of natural gas last year, the import to Australia accounted for 46% of the total natural gas import, which can be said to be a big import brand of China.

It is well known that the relationship between the United States China is strained. As a long-term partner of China, it is necessary to help, but Australia often follows the United States in making comments on us. China has decided to look for other partners. If you are kind to me, don't blame me for being unkind to you. Australia got a slap in the face when China looked for other partners to sign liquefied natural gas deals, believing it was dependent on Australian gas demand

China issued a warning to Australia

China has a large territory, a large population a large consumption of natural gas. Its natural gas production falls short of its demand, so it has to import to meet its demand. With developed infrastructure projects complete industrial system, China has a large demand for natural gas. Moreover, due to the superiority of natural gas, China will increase the frequency of its use at present in the future enjoy a broad market. If Australia doesn't value the huge market of China, if it goes against it, then China will help you.

Before signing the agreement Qatar, only for China's exports of 8.1 million tons of Australia is far greater than Qatar, our plans to buy equity with the business part of the natural gas in Australia, with a $16 billion project funding, finally ends up in Australia, the cooperation is the end, the destroyed roads it is also a lesson of China to Australia.

Many countries are expected to start cooperation with China

Countries like Qatar, Indonesia, Malaysia Russia are all falling over each other to work with us offer us olive branches. Earlier this summer, two companies the Russian Arctic signed a 20-year LNG contract with us for the delivery of 1.98 million tons. The natural gas pipeline between China Russia has been helping the two sides carry out natural gas transportation transmission through pipelines. At present, the increase of liquid gas has undoubtedly strengthened the friendly cooperative relations between the two countries.

As long as other countries develop the same resources, no energy import is irreplaceable. By signing natural gas agreements with other countries, China has reduced its risks advanced its path of sustainable development.

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Source: International Gas Network