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Adapted from The Oxford Institute for Energy Studies; Chart: Axios Visuals

A short paper from an Oxford Institute for Energy Studies researcher looks at China's soaring demand for natural gas and ways it could meet growing import reliance.

Why it matters: China has become the world's largest gas importer as demand has greatly outpaced domestic production, as the chart above shows.

  • Import reliance reached 43% last year, compared to just 5% a decade earlier (!), and LNG meets well over half of those import needs, notes OIES senior research fellow Stephen O'Sullivan.

The big picture: "While China has few short-term options to mitigate the strategic vulnerabilities associated with rising seaborne supplies, it may increasingly turn to Russia as a source of imported gas," he writes.

Go deeper: China-U.S. trade war gets real for gas

Go deeper

Updated 1 hour ago - Politics & Policy

Coronavirus dashboard

Illustration: Eniola Odetunde/Axios

  1. Global: Total confirmed cases as of 11 a.m. ET: 34,026,003 — Total deaths: 1,015,107 — Total recoveries: 23,680,268Map.
  2. U.S.: Total confirmed cases as of 11 a.m. ET: 7,237,043 — Total deaths: 207,008 — Total recoveries: 2,840,688 — Total tests: 103,939,667Map.
  3. Health: New poll shows alarming coronavirus vaccine skepticism — New research centers will study "long-haul" COVID — Coronavirus infections rise in 25 states.
  4. Business: Remdesivir is good business for Gilead.
  5. Transportation: The politics of pandemic driving.
  6. 🎧Podcast: The looming second wave of airline layoffs.
2 hours ago - Technology

Senate panel votes to subpoena Big Tech CEOs

Photo: Graeme Jennings/Pool via Getty Images

The Senate Commerce Committee has voted to authorize subpoenas compelling Facebook CEO Mark Zuckerberg, Twitter CEO Jack Dorsey and Google CEO Sundar Pichai to testify before the panel.

Why it matters: The tech giants are yet again facing a potential grilling on Capitol Hill sometime before the end of the year, at a time when tech is being used as a punching bag from both the left and right.

Trump administration cuts refugee cap to new record low

Photo: Mandel Ngan/AFP via Getty Images

The Trump administration plans to only admit a maximum of 15,000 refugees this fiscal year, the State Department said in a release late Wednesday evening.

Why it matters: This is yet another record-low refugee cap. Before leaving office, President Obama set the refugee limit at 110,000 for fiscal year 2017 — a number Trump has continued to slash throughout his presidency.