China Gas Demand will Reach 360 bcm in 2020

China’s gas demand will reach 360 billion cubic metres (bcm) in 2020 and rise to 480 bcm by 2025. Li Hui. vice head of China National Offshore Oil Corp (CNOOC) told a conference here on Wednesday.

China has put itself under pressure by signing too many long-term supply contracts at relatively high prices. he added.

 

About core

Check Also

Qatar Prepares to Dominate the LNG Export Market

Qatar is backing up its massive LNG expansion plans with new orders to charter dozens …

Leave a Reply

Your email address will not be published. Required fields are marked *