China’s Gas Growth Casts a Shadow over LNG Demand

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Why This Matters

China's rapid increase in domestic natural gas production threatens to reduce its reliance on imported LNG, potentially impacting global LNG demand forecasts.

Market Impact

Market impact analysis based on bearish sentiment with 90% confidence.

Sentiment
Bearish
AI Confidence
90%
Time Horizon
Short Term

Article Context

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China is boosting domestic natural gas production, and it is doing it fast. A major LNG consumer—and importer—the country has been key in LNG demand forecasts. Now, these forecasts will need to be revised. Less than ten years ago, China was struggling to get its domestic gas production off the ground, especially in shale formations. China’s shale geology is different from the U.S. basins, and energy companies were finding it difficult to get commercial production going. Now, China’s state oil and gas majors are pumping more…

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Original article published by OilPrice.com on January 11, 2026.
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