Supply & Demand

China to become largest importer of gas in 2019 – IEA

Gas consumption will grow by 10% between 2018 and 2023, according to the IEA Gas 2018 report Gas consumption will grow by 10% between 2018 and 2023, according to the IEA Gas 2018 report.
By Silvia Favasuli 26 June 2018 0 31460

China is set to become the world’s leading importer of natural gas by the end of 2019, the International Energy Agency (IEA) said in its Gas 2018 report, released on Tuesday. China’s gas demand will grow at an average of 8% per year between 2018 and 2023, and the country will account for more than one-third of the increase in global demand over the period. China’s gas imports are expected to reach 171 billion cubic metres by 2023, most of which will be in the...