China's 2023 natural gas demand may rise 8% - CNOOC analyst - Reuters
China's 2023 natural gas demand may rise 8% - CNOOC analyst | Reuters
China's 2023 natural gas demand may rise 8% - CNOOC analyst
Workers inspect a natural gas facility by Sinopec at its Dongsheng gas field in Erdos, Inner Mongolia Autonomous Region, China October 15, 2018. REUTERS/Stringer/File Photo Acquire Licensing Rights
TIANJIN China, Sept 21 (Reuters) - China's natural gas demand this year is expected to grow by 8% from 2022 to 396.4 billion cubic metres (bcm), an analyst from state-owned oil major CNOOC's research division said at a conference on Thursday.
Imports of liquefied natural gas (LNG) are expected to reach 70.79 million metric tons this year, up 10.9% from last year, while that of pipeline gas is seen reaching 69.5 bcm, 10.7% above the 2022 level, said Xie Xuguang, from CNOOC Gas and Power Group's research centre.
Reporting by Andrew Hayley; Editing by Christian Schmollinger
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