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Cities buck trend amid slowdown in Chinese gas demand growth
Gas demand and imports saw relatively weak growth in China in June, but city-gas demand continued to perform strongly Gas demand and imports saw relatively weak growth in China in June, but city-gas demand continued to perform strongly.
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Growth in China’s gas demand and imports appeared to slow sharply last month, but the data suggests demand from the city-gas sector remains robust.
China’s gas consumption reached 22.16 billion cubic metres in June 2019, according to preliminary figures from the Chongqing Petroleum and Gas Exchange (CQPGX) in a report published on Thursday. This represented an increase of 8.50% from estimated demand of 20.43 bcm in June 2018.
China’s gas demand in H1 2019 was 149.9 bcm, which was up by 9.57% from 136.8...
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