WGC 2018: China to lead as Asian gas demand booms
China's need for a clean and abundant energy source is mirrored throughout the region
Increasingly urgent electrification and environmental goals will fuel surging natural gas demand across Asia over the next decade, with China leading the way, industry leaders said today. "Asia will be the game-changer for the energy revolution. Its role as the largest natural gas destination will only expand," said former IEA director Nobuo Tanaka at World Gas Conference 2018, noting Asia's rapidly expanding consumption and readiness to adopt new technologies, such as battery storage and driverless cars. China will be at the forefront of that growth, as momentum towards strong air-quality policies and Beijing's commitment to greener energy takes shape, noted panelists. The government has or
Also in this section
19 April 2024
Cairo’s currency problems have hindered investment, but Pharos sees considerable potential as Egypt emerges from crisis
18 April 2024
The Norwegian energy company is concentrating its efforts on specific regions and assets that meet strict cost and carbon criteria
17 April 2024
Uzbekistan and Kazakhstan provide opportunities after Europe turns it back, while also offering another gateway to China
16 April 2024
Commentators need to shake off the myths of the past, with rising oil prices a boon for US economy