At present, China's energy consumption structure is dominated by fossil energy, accounting for about 85%, of which coal accounts for 58%, crude oil accounts for 18%, LNG accounts for 8%, and renewable energy accounts for 15%. (news.cnstock.com)
(m.bjx.com.cn)China's seaborne thermal coal imports have also begun to grow strongly in 2024. According to Kpler estimates, January arrivals were 27.9 million tons. Although this was lower than the 31.7 million tons in December last year, it was much higher than the 20.85 million tons in January 2023. tons, and continued the recent strong momentum of thermal coal imports.
LNG imports have also increased. Kpler estimates that LNG arrivals in January were 7.77 million tons, down from 8.14 million tons in December last year, but December arrivals are usually higher than January. LNG imports in December last year and January this year increased by 12.1% and 28% year-on-year respectively.
(cpnn.com.cn)LNG receiving stations are an important link in the LNG industry chain. Since the completion of my country's first LNG receiving station in 2006, after nearly 20 years of rapid development, up to now, 27 LNG receiving stations have been built in China, with an annual receiving capacity of More than 120 million tons, the scale ranks among the top in the world. Currently, there are more than 30 LNG receiving stations under construction in China, and after completion, the receiving capacity will exceed 210 million tons per year.
so, I'm not worry about LNG replacing coal at all at moment, cheap coal you can dump anywhere without any care, cheap LNG? where are you going to store it? and only 27 super size gas- turbine power plants in whole of China, how fast can they build more? what about inland? gas pipes? then what about safty issues?
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