China's Coal-to-Gas Industry Expansion to Impact Global LNG Market
China is significantly expanding its coal-to-gas (CTG) industry, with production capacity expected to nearly triple from 9.4 billion cubic meters (Bcm) in 2026 to 28 Bcm by 2030. This expansion is part of China's strategy to enhance energy security by reducing reliance on imported liquefied natural gas (LNG). The CTG industry, primarily located in Xinjiang, benefits from low-cost coal, making it a competitive alternative to imported LNG. The Chinese government is supporting this growth while imposing environmental requirements on new projects. The expansion is expected to affect global LNG demand, particularly impacting exporters from countries like the U.S., Australia, and Qatar. 
