Natural gas output gained pace in November due to increasing demand for the fuel as winter approached, latest data from the National Development and Reform Commission (NDRC) showed. Output amounted to 9.8 billion cubic meters last month, an increase of 11.4 percent year on year, the NDRC said. China's imports of natural gas moved up 22.5 percent year on year to 3.8 billion cubic meters last month, while the apparent consumption came in at 13.6 billion cubic meters, the commission said. In the first 11 months, the country's output of natural gas rose 6.8 percent year on year to 97.6 billion cubic meters, while imports saw a 36.7-percent jump to 38.1 billion cubic meters, according to the NDRC. China's appetite for natural gas has grown substantially with the country's industrialization and urbanization initiatives amid government efforts to cut carbon emissions. According to a latest development plan in the sector, China aims to bring its natural gas supply capacity to around 176 billion cubic meters, making the energy reachable to 250 million people, or 18 percent of the population by 2015. Currently, natural gas makes up only around 4.6 percent of the country's primary-energy consumption, much lower than the international average of 23.8 percent
GMT 18:55 2018 Friday ,14 December
Libya’s National Oil against paying ‘ransom’ to reopen El Sharara fieldGMT 22:21 2018 Thursday ,13 December
Turkey starts building land part of Turkish Stream pipelineGMT 13:35 2018 Sunday ,09 December
OPEC+ deal to ensure stability of oil price, that is positive for RussiaGMT 14:30 2018 Friday ,07 December
Major oil producers haggle over production cutGMT 13:29 2018 Thursday ,06 December
Major oil exporters mull supply cut amid internal rifts, US demandsGMT 09:30 2018 Monday ,03 December
Qatar says it is withdrawing from OPEC on January 1GMT 21:01 2018 Sunday ,25 November
Oil prices plummet amid U.S. drilling rigs downGMT 17:32 2018 Friday ,16 November
OPEC Basket Price Stood, at over $65.2, on ThursdayMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor