Don't bank it all on China

AUSTRALIA’S LNG industry could be facing the same issue previous exports have: a myopic focus on a Chinese megamarket to the detriment of all else, with speeches from Woodside Petroleum CEO Peter Coleman and ANZ data suggesting Chinese demand won’t always be the gift that keeps on giving. 

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Woodside boss suggests myopic focus on Chinese LNG demand dangerous as ANZ finds slowdown

"We are becoming too reliant on China in the last couple of years," Coleman said last week in Houston at CERAWeek, an annual petroleum conference organised by HIS Markit.