China's surging natural gas demand in 2019 will require more efforts to bet...
SINGAPORE - China’s surging natural gas demand in 2019 will require more efforts to better connect end-users to suppliers as government policies and a recent tax cut will continue to spur consumption of the clean-burning fuel, a senior industry executive said.
That would be an increase of as much as 14 percent from the 280.3 bcm of gas China consumed in 2018, according to data from state economic planner the National Development and Reform Commission . Gas consumption in 2018 was 18 percent higher than in 2017, the NDRC said. “What China needs to do is to connect the gas supplies with the demand nicely to ensure a smooth switch.”
“This year we’ll likely see the market growing between 30 and 40 bcm, which is a normal range,” said Li.
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