IEA: China seen doubling gas demand by 2017

06/11/2012
China will more than double its gas consumption over the next 5 years, while lower prices from the unconventional gas revolution will continue to benefit the US, according to a new report from the International Energy Agency. IEA's Medium-Term Gas Market Report 2012, released June 5 at the World Gas Conference 2012 (WGC 2012) in Kuala Lumpur, says China will become the third-largest importer of gas behind Europe and Asia Oceania, driving a 2.7%/year average growth in global gas demand through 2017. This is up from the 2.4%/year growth rate predicted in last year's report. Also during the period, North America will become a net exporter of LNG, although low gas prices will result in gas ge...
read-story

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.

 

Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected