Gas Sellers Sidestep China State Giants to Ride Demand Surge

摘要

China's independent energy firms are seeking to circumvent its state-backed giants as they cash in on swelling natural gas use, buoyed by President Xi Jin-ping's drive for cleaner fuels and nimbler companies. New import facilities developed by firms including Guanghui Energy Co. and ENN Group offer direct access to cheap liquefied natural gas and cut their reliance on supply and infrastructure controlled by the the country's national oil companies. That may help new players tap China's booming gas demand, up 15 percent in the first half of the year.