🇰🇷 South Korea 10h ago · scmp@koreatimes.co.kr(KoreaTimes)

China's energy security strategy expands south: how Hainan is becoming an LNG storage hub

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China's energy security strategy expands south: how Hainan is becoming an LNG storage hub
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China is strengthening gas storage capacity in Hainan as part of an expanding energy security strategy aimed at reducing exposure to external supply shocks, including disruptions through the Strait of Hormuz during the US-Israeli war in Iran. Against this backdrop, the second phase of a major liquefied natural gas (LNG) terminal in the southern island province has reached a crucial milestone, with construction nearly 50 per cent complete and full completion expected by 2027, state broadcaster CC

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