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China gas sellers sidestep state giants to ride demand surge

LNG supply will expand by five to six million tonnes annually over the next few years

China, which is forecast to more than double LNG purchases by 2022, has more than a dozen import terminals owned by its three state energy giants.


CHINA'S independent energy firms are seeking to circumvent the country's state-backed giants as they cash in on swelling natural gas use, buoyed by President Xi Jinping's drive for cleaner fuels and nimbler companies.

New import facilities developed by firms including...

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