Caixin
Jan 25, 2023 03:31 PM
ECONOMY

China’s Economic Recovery May Keep Natural Gas Market Tight, Top Exporter Says

The pipes of the UMM BAB liquefied natural gas (LNG) tanker at PGP Consortium Ltd. LNG Terminal in Karachi, Pakistan, on Friday, June 24.Photo: Bloomberg
The pipes of the UMM BAB liquefied natural gas (LNG) tanker at PGP Consortium Ltd. LNG Terminal in Karachi, Pakistan, on Friday, June 24.Photo: Bloomberg

(Bloomberg) — China’s economic recovery could keep the natural gas market tight this year, said Australia’s biggest exporter.

The real impact of Beijing’s exit from “zero Covid” is yet to be seen, said Meg O’Neill, chief executive officer of Woodside Energy Group Ltd. China’s LNG imports, which slumped last year due in part to the virus policy, are expected to eventually pick up.

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