China only produced its first LNG tanker in 2008 but has been fighting to win orders and gain technical knowhow in the past 5 years.
It is expected to increase its natural gas demand in the future as the government seeks cleaner energy sources and reduce its dependence on crude imports. In 2012, China imported 16 million tonne of LNG, which is expected to rise to 77 million tonne by 2030.
A report said that “At present, China receives most of its LNG from Qatar, but as new markets open up or grow such as in Australia, Canada and East Africa, Beijing would want its state owned energy enterprises to own their own LNG tanker fleet.”
In 2012, about 12% of the global order book for LNG tankers had gone to Chinese builders, which increased to 23% as of December 2013.
South Korea’s Daewoo and Samsung Heavy Industries took 68% of the orders in 2013.