China’s Growing Interest In Alaska LNG

On April 7, the President of the People’s Republic of China (PRC), His Excellency Xi Jinping, met with AGDC president, Keith Meyer, and other State of Alaska officials in Anchorage. President Xi and Mr. Meyer’s conversation focused on the potential Alaska LNG has to provide China with clean, reliable, and competitively priced energy for generations.

Following the meeting in Anchorage, AGDC staff traveled to China to follow up with potential LNG buyers, investors, and government officials.

Currently, China is the world’s third-largest LNG importer, behind Japan and Korea. However, as the country increasingly turns to natural gas as its preferred energy source, China is expected to become one of the world’s largest LNG importers by 2020.

As Chinese demand continues to rise, the North Slope’s vast, proven natural gas resources and close proximity to Asia make Alaska LNG increasingly attractive.