28 Dec '13, 12am

#peakoil China’s Dependency on natural gas imports rises: Nation seeks to reduce use of fossil fuels in move t...

#peakoil China’s Dependency on natural gas imports rises: Nation seeks to reduce use of fossil fuels in move t...

China’s Dependency on natural gas imports rises Nation seeks to reduce use of fossil fuels in move to improve air quality A vessel, loaded with more than 60,000 tons of imported LNG, docks at a port in Putian, Fujian province. China imports a growing amount of natural gas to meet domestic demand. In the first 10 months of 2013, the country’s natural gas use was at 134.3 billion cubic meters. Provided to China Daily China’s dependency on natural gas imports will continue to increase as the country is trying to reduce its fossil fuel consumption and improve air quality, experts said. Up to 32 percent of China’s natural gas use this year will depend on imports, Wang Xiaokun, an analyst at domestic commodities consultancy Sublime China Information Group Co Ltd, said on Tuesday. Last year, 29 percent of China’s natural gas came from foreign sources, according to the consultancy...

Full article: http://peakoil.com/consumption/chinas-dependency-on-natur...

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