×
×
Project Insights

China’s gas output keeps rising but 2020 target still in doubt

The country’s production levels have been increasing steadily in recent months, but output is still short of what will be needed to meet the target of 200 bcm in 2020 The country’s production levels have been increasing steadily in recent months, but output is still short of what will be needed to meet the target of 200 bcm in 2020.
By Colin Shek 2 May 2019 Asia Pacific / Exploration & Production 0 34187
A Sinopec Jianghan Drilling shale well. (Sinopec)

China’s gas output increased by 9.9% year on year in Q1 2019, to 44.1 billion cubic metres, the National Development and Reform Commission (NDRC) announced on Sunday. The increase represents a considerable improvement over the growth of 4.2% seen in Q1 2018 and indicates Chinese gas production will maintain strong momentum in 2019-2020.

The NDRC’s figures came after the National Bureau of Statistics (NBS) reported China produced 15.1 bcm of gas in March, an increase of 9.8% from a year...