China’s gas demand could surge by a record 30 billion cubic metres this year as consumption of the cleaner but relatively expensive fuel has outpaced expectations, experts at the country’s largest energy producer have told Interfax Natural Gas Daily.
“We estimate China could consume 28-30 bcm more than last year, mainly on the back of preferential policies,” said Han Jingkuan, deputy director of PetroChina’s Planning and Engineering Institute.
The range tops the 23.7 bcm increase recorded in 2011 and would be equal to annual growth of 13.6-14.6%...
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