, [Crowne Plaza Century Park] Shanghai, China
SHANGHAI, CHINA, 13-14 JANUARY 2011 – China's natural gas industry has entered the "golden" period of development. According to China's LNG Usage Plan, demand for natural gas will reach 300 billion cubic meters while LNG production capacity will reach 240 billion cubic meters by 2020. In the next 10-20 years, LNG will become the main force in China's natural gas market. Currently China has approved more than 10 LNG Terminal Projects and there are more than 20 under construction or in the planning stage.