Markets

China's gas consumption to grow 10pc in 2018

BEIJING: BMI Research expects China's gas consumption to grow by 10 pct in 2018. Robust growth in natural gas demand
Published March 13, 2018 Updated March 13, 2018 11:25am

Robust growth in natural gas demand is being driven by continuing policy support, BMI said in note

China's gas production to reach another record in 2018.

Supplies will still be well short of gas demand in 2018, BMI said.

China will continue to rely on LNG imports to meet domestic needs, supporting LNG prices.

Copyright Reuters, 2018