Winter chill to drive up China prices, imports
Chinese gas demand is surging under Beijing’s drive to clear the nation’s notoriously smoggy skies, which could put supplies under strain this winter
11 September 2017
Sinopec’s Lichuan gas processing plant in Hubei province. (Interfax)
China’s state gas giants will need to ramp up imports and hike their prices to stave off potential supply shortages this winter, industry analysts have told Interfax Natural Gas Daily.
Xu Bo, a senior economist at China National Petroleum Corp.’s (CNPC’s) Economics and Technology Research Institute (ETRI), predicted gas supply will be tight this winter. The country will need to employ a number of measures – including hiking prices for non-residential end-users – such as factories and power generators – as well as using stored gas,...
Log in or register for a free trial to continue reading this article
Already a subscriber?
If you already have a subscription, sign in to continue reading this article.
Sign inNot a subscriber?
To access our premium content, you or your organisation must have a paid subscription. Sign up for free trial access to demo this service. Alternatively, please call +44 (0)20 3004 6203 and one of our representatives would be happy to walk you through the service.
Sign up
