China’s need for natural gas to soar in 2040

Advanced Search

The story appears on

Page A11

December 13, 2017

GET this page in PDF

Free for subscribers

View shopping cart

China’s need for natural gas to soar in 2040

Source: Xinhua | 00:00 UTC+8 December 13, 2017 |

Print Edition

CHINA’S demand for natural gas will continue to soar toward 2040, outstripping domestic output by around 43 percent, according to an International Energy Agency report published yesterday.

“China’s annual gas production will more than double to 340 billion cubic meters in 2040, with shale gas a major contributor, but consumption is foreseen to grow even faster, reaching 600 billion cubic meters,” said the China Special Report of the World Energy Outlook 2017.

The report, launched in Kunming, Yunnan Province, said that by 2040 China would be involved in about one-quarter of the global long-distance natural gas trade.

The rise of natural gas use is the result of the government promoting natural gas as a cleaner alternative to coal. Overall energy demand is growing much slower than that during the early 2000s, the report noted.

In the first eight months of this year, China used 150 billion cubic meters of natural gas, 37.9 percent of which was imported, according to the National Development and Reform Commission.

Energy

About Us
|
Terms of Use
|
RSS
|
Privacy Policy
|
Contact Us
|
Shanghai Call Center: 962288
|
Tip-off hotline: 52920043

沪ICP证：沪ICP备05050403号-1
|
互联网新闻信息服务许可证：31120180004
|
网络视听许可证：0909346
|
广播电视节目制作许可证：沪字第354号
|
增值电信业务经营许可证：沪B2-20120012

China’s need for natural gas to soar in 2040

Email this to your friend