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China's natural gas consumption has increased rapidly in recent years making China a net gas importer. As a nonrenewable energy, the gas resource is exhaustible. Based on the forecast of this article, China's gas production peak is likely to approach in 2022. However, China is currently in the...
Persistent link: https://www.econbiz.de/10010597287
China's natural gas consumption is growing rapidly and it has being driven by economic growth, industrialization and urbanization. In addition, the country's low-carbon development strategy, government-controlled gas price, and some other factors also contribute to the surging gas consumption....
Persistent link: https://www.econbiz.de/10011047389
China has become a net importer of natural gas as a result of rapidly increasing consumption in recent years. A production peak would exist since natural gas is an exhaustible resource. As conventional natural gas production peak approaches, the development of unconventional natural gas is...
Persistent link: https://www.econbiz.de/10011049378