• Global Gas Analytics
  • Analysis & Forecasts

Asia Pacific Economic overview

December 2018

Strong economic growth will support gas demand in China and India, but weaker expansion will limit consumption in other leading markets.

China’s GDP is forecast to grow by 6.3% next year, while India’s will increase by 7.3%. This will help support continued robust gas demand growth in both countries. However, the GDP of Japan – the world’s leading gas importer – is forecast to grow by just 1% next year, something that is expected to hit the country’s gas demand. The Japanese economy grew by 0.1%...