• Global Gas Analytics
  • Analysis & Forecasts

Asia Pacific Storage

October 2018

Storage capacity has improved in some Chinese regions, but supply shortages are still a risk this winter.

While Beijing is pushing national gasification policies, provincial governments have moved to increase their gas storage and network capacities to improve supply availability this winter. Zhejiang province has expanded its city gas and LNG storage capacity to help meet peak winter demand. Zhejiang’s gas demand has risen dramatically as coal-to-gas switching has been introduced, increasing by 22% on an annual basis in H1 2018, to 5.9 bcm. However, the...