Thursday, 3 January 2019

China’s gas supply gap forecast to reach 90 Bcm by 2030

China's geography makes shale gas E&P challenging China's geography makes shale gas E&P challenging

Demand growth for natural gas in China is outpacing supply. Despite rapidly rising LNG imports, some domestic shale gas production and the scheduled start of an additional 38 Bcm of Russian gas supplies through the ‘Power of Siberia Pipeline’ before the end of 2019, analysts expect a gas deficit in in the China market from 2020 onwards.

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