Supply & Demand

China gas demand on course for double-digit growth

China’s energy watchdog has thrown its weight behind growing optimism over China’s gas demand, which looks set to surge back to double-digit growth this year China’s energy watchdog has thrown its weight behind growing optimism over China’s gas demand, which looks set to surge back to double-digit growth this year.
By Colin Shek 21 August 2017 0 27264
A gas processing plant at Changbei. Gas demand is expected to exceed 230 bcm in 2017. (Shell)

China is on track for its first year of double-digit gas demand growth since 2014, the country’s energy regulator forecast on Saturday.

“China’s gas consumption began to recover in the first half of 2016 [and] we estimate it will exceed 230 billion cubic metres by the end of 2017, and probably rise to nearly 240 bcm,” said Li Yinghua, deputy director of the oil and gas department at the National Energy Administration (NEA), speaking at the China Grand Energy Transition Forum in Beijing.

Consumption of 240 bcm...