Supply & Demand

PetroChina to supply 46 bcm to eastern China this year

PetroChina expects to supply a total of 45.6 bcm of gas to Shanghai and eastern Chinese provinces this year.
By Staff reporter 31 October 2018 0 33127

PetroChina expects to supply a total of 45.6 billion cubic metres of gas to Shanghai and the eastern Chinese provinces of Shandong, Henan, Jiangsu, Zhejiang and Anhui this year, Shanghai-based news outlet The Paper reported on Tuesday.

The company’s supply to the six markets will rise to 57.4 bcm in 2020 and 67.1 bcm in 2022.

PetroChina will supply 58.6% of the region’s combined gas demand this year, 77.3% in 2020, and 62.8% in 2022.