China s economic rebound to stimulate gas demand | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
China will lead Asian natural gas demand to return to modest growth of around 3 percent this year, the highest among all regions worldwide, according to a recently released gas market report by the International Energy Agency.
A surge in global LNG prices to record highs, growing geopolitical uncertainty and domestic demand destruction mean that China’s LNG imports may not show much growth in 2022, forcing the country to depend more heavily on pipeline gas imports and domestic gas production. The energy sector is now factoring in a sustained period of high .
PipeChina starts key tunnel work for Sino-Russian gas pipeline By Zheng Xin | chinadaily.com.cn | Updated: 2021-05-19 11:10 PipeChina has started tunneling through the Yangtze River for its China-Russia East-Route natural gas pipeline on Tuesday. [Photo/pipechina.com.cn]
China Oil & Gas Pipeline Network Corp, the country s largest energy infrastructure company, said it has started tunneling through the Yangtze River for its China-Russia East-Route natural gas pipeline on Tuesday, marking new progress in the two countries energy cooperation to improve the capacity of the natural gas supply in China.
The project will hold records as the world s longest single excavation, the deepest tunnel, the highest water pressure, and the largest diameter tunnel of its kind, said the company.