Exxon Mobil predicts strong LNG demand growth in China, driven by transport and marine sectors. Despite recent Russia-China gas deals, the company remains optimistic about China’s LNG market. Global gas demand expected to rise over 20% by 2050, displacing coal. Exxon eyeing potential investments in new markets like Asia Pacific, Africa, Latin America. Concerns about LNG oversupply dismissed as demand is expected to meet supply. Exxon’s $10 billion Golden Pass terminal in Texas set to bring new supply later this year.

Read more at Yahoo Finance: Exxon bullish on China’s LNG demand, eyes new markets