CHINA'S GAS DEMAND WILL UP BY 82%
PLATTS - State-owned Sinopec expects China's natural gas demand to increase by 82% to 510 Bcm in 2030, from 280 Bcm in 2018, driven by continued industrial upgrading and urbanization.
Gas demand growth will come mainly from city gas, industrial usage and gas-powered utilities. Demand is expected to exceed 300 Bcm in 2019, up by almost 10% year on year.
"City gas still has a lot of space for development in China," a company official at an LNG conference in Beijing last week said.
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