China Expected to Boost Natural Gas Consumption in 2020

BUSINESS TURKMENISTAN
China Expected to Boost Natural Gas Consumption in 2020
Consumption of natural gas is estimated to expand 8.6% to 330 billion cubic meters in 2020.

China's natural gas consumption will continue to increase in 2020 amid the country's efforts to tackle air pollution, Xinhua news agency reports citing China's largest oil and gas producer PetroChina.

According to a three-year action plan on air pollution control released in 2018, China will boost the share of natural gas in its total primary energy consumption to 10% by 2020.

Consumption of natural gas is estimated to expand 8.6% to 330 billion cubic meters in 2020, according to the company's research report. Natural gas production will go up 8.2% to 187.5 billion cubic meters in 2020, while imports are expected to increase by 9.3% to 150 billion cubic meters.

Turkmenistan is a major exporter of natural gas to China. As of December 31, 2019, China imported 294.6 billion cubic meters of natural gas via the Central Asia-China gas pipeline, which was launched in December 2009.