SEATTLE (Oil Monster): China's natural gas consumption will likely expand 5% next year from this year, and consumption by the industrial and city-gas sectors is set to grow in coming years, showed forecasts from the research arm of China National Petroleum Corp (CNPET.UL).
The industrial sector will be the largest contributor to natural gas demand growth in next five years and there is significant space for city-gas demand growth in the next 10 years as urbanisation continues, CNPC's research arm told the International Energy Executive Forum 2025 on Friday.
Courtesy: www.tradingview.com
