Industry insiders have urged Chongqing to diversify its mix of gas users over concerns the Chinese municipality is relying too much on chemical plants to drive gas demand growth.
Chongqing’s gas consumption rebounded last year as a result of strong demand from the chemicals and power generation sectors. The local government singled out Sinopec Sichuan Vinylon Works and two units under Chongqing Chemical & Pharmaceutical Holding Group as major users, which have operated at capacity since September as prices for chemicals have soared.
Log in or register for a free trial to continue reading this article
Not a subscriber?
To access our premium content, you or your organisation must have a paid subscription. Sign up for free trial access to demo this service. Alternatively, please call +44 (0)20 3004 6203 and one of our representatives would be happy to walk you through the service.Sign up