China to Import 67 MT of LNG by 2025, says Gazprom

China’s LNG imports will increase to 67 million tons until 2025 from the current 18 million tons, according to Gazprom Marketing & Trading Executive Director Medan Abdullah.

Asia biggest economy has a particular interest in LNG because of its need to improve the environmental situation, Abdullah told Prime Business News Agency, reports Russia’s ITAR-TASS.

The global LNG market will be rising by 5% annually as some countries are striving to diversify gas supplies, including the Asian ones which do not have large pipeline networks, amid a stable growth of fuel prices, Abdullah told Prime.

Abdullah added that gas consumption in Asian countries will grow to 1.15 trillion cubic meters by 2030 from 684 billion cubic meters in 2012.