Beijing's crackdown on pollution has put China on track to overtake Japan this year as the world's biggest importer of natural gas, used to replace dirtier coal.
China already the biggest importer of oil and coal is the world's third biggest user of natural gas behind the United States and Russia, but has to import around 40 percent of its total needs as domestic production can't keep up with demand.
Data compiled from the Thomson Reuters Eikon terminal indicates China's 2017 imports of pipeline gas and liquefied natural gas (LNG) will top 67 million tonnes, up by more than a quarter from a year earlier. LNG imports alone surged more than 50 percent. For Any More Information Please Visit : www.paceresearchindia.com and Call : 8817774774
China already the biggest importer of oil and coal is the world's third biggest user of natural gas behind the United States and Russia, but has to import around 40 percent of its total needs as domestic production can't keep up with demand.
Data compiled from the Thomson Reuters Eikon terminal indicates China's 2017 imports of pipeline gas and liquefied natural gas (LNG) will top 67 million tonnes, up by more than a quarter from a year earlier. LNG imports alone surged more than 50 percent. For Any More Information Please Visit : www.paceresearchindia.com and Call : 8817774774
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