Gas demand in China looks set to jump this winter as Beijing ramps up coal-to-gas switching to fight air pollution, with a draft government plan published last month indicating it wants nearly 4 million more households in the key northern Beijing-Tianjin-Hebei economic zone to ditch coal for heating before cold weather sets in (WGI Sep. 12'18). With some industry officials suggesting gas shortages could be four times worse this winter than last, all eyes will be on Chinese spot LNG buying, which usually starts around now, one to two months before the heating season officially kicks off in mid-November.
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