Asia Pacific Production
March 2018
Strong production in China at the start of the year will support government output targets for 2018.
Beijing is aiming to increase domestic gas production by 7.6% on an annual basis this year, which would bring output up to 160 bcm. However, combined production for January and February rose by 4.9% on an annual basis to 26.2 bcm. Output is expected to rise by around 7% on an annual basis in Q2. China will be reliant on increased import volumes even if the government hits its...