Szehwei Yeo News Today : Breaking News, Live Updates & Top Stories | Vimarsana

China’s natural gas demand set to hit new record China’s natural gas demand is expected to set a new record in 2021 as its economy emerges from the pandemic faster than most countries and it remains on track to meet its long-term environment protection targets, data from S&P Global Platts Analytics and state-owned Sinopec’s research arm showed Jan. 7. S&P Global Platts Analytics expects Chinese natural gas demand to reach 360 Bcm in 2021, up 8.4% from an estimated 332 Bcm in 2020. It was at 313 Bcm in 2019. State-owned Sinopec has a slightly more conservative outlook, and expects gas demand at around 340-345 Bcm in 2021, up 6%-8% from an estimated 320 Bcm in 2020, data from its unit Institute of Economic Research showed.

Szehwei yeoForan energySinopec institute of economic researchEconomics technology research instituteInstitute of economic researchShanghai petroleumNatural gas exchangeEconomic researchFive year planTechnology researchPlatts analyticsPetrochina tangshan phaseSinopec qingdao phasePetrochina rudong phaseSouthern chinaSinopec institute