# Can China’s Growing Demand for Gas Balance the Market? | INN

> IEA Executive Director Fatih Birol says Chinese gas demand will grow significantly and could help end the global LNG glut sooner. China's LNG imports rose 26.5% in the first nine months of 2016, while imports from Japan and South Korea fell.

- Date: 2016-11-29 · published 2016-11-29T12:00:00.000Z
- Category: trade · region China · magnitude low
- Page: https://feedsoft.ai/events/74035-can-china-s-growing-demand-for-gas-balance-the-market-inn
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Stronger Chinese LNG import demand could tighten Asian and global gas markets faster than expected, supporting gas prices.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2022-03-01 | [U.S. supplies give China muscle to become major force in global LNG trade](https://feedsoft.ai/events/42887-u-s-supplies-give-china-muscle-to-become-major-force-in-global-lng-trade.md) | +10.2% | +24.4% |
| NATGAS | 2025-03-20 | [High U.S. LNG Feed Gas Demand Continues to Tighten Henry Hub Outlook — The Offtake](https://feedsoft.ai/events/25769-high-u-s-lng-feed-gas-demand-continues-to-tighten-henry-hub-outlook-the-offtake.md) | -8.8% | -23.2% |
| NATGAS | 2018-01-01 | [China Winter Gas Binge Pushes It Toward No. 2 LNG Buyer Spot](https://feedsoft.ai/events/67657-china-winter-gas-binge-pushes-it-toward-no-2-lng-buyer-spot.md) | -13.3% | +2.7% |
| NATGAS | 2016-06-03 | [US Natural Gas Production Stalls As Europe Becomes The Dumping Ground For Gas Supplies \| The Corner](https://feedsoft.ai/events/7633-us-natural-gas-production-stalls-as-europe-becomes-the-dumping-ground-for-gas.md) | +5.2% | +24.7% |
| NATGAS | 2017-11-03 | [LNG prices soar as China faces winter gas crunch \| LNG Industry](https://feedsoft.ai/events/10192-lng-prices-soar-as-china-faces-winter-gas-crunch-lng-industry.md) | +13.7% | +8.5% |

## Sources

- investingnews.com: https://investingnews.com/daily/resource-investing/energy-investing/oil-and-gas-investing/can-chinas-growing-demand-for-gas-balance-the-market/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.