A growing economy and a shift to natural gas from coal to reduce smog and GHGs is driving skyrocketing demand in the world’s most populous nation.
222%: The expected increase in Chinese consumption of natural gas by 2040.
58.8 bcf/d: China’s total natural gas consumption in 2040. Total Canadian production is currently 15.2 billion cubic feet per day.
46%: The increase in Chinese imports of LNG in 2017 compared to 2016.
#1: China is expected to become the #1 importer of natural gas in the world in 2018.
15%: The proportion of natural gas in China’s energy mix by 2030—up from 5.9% in 2015.
(Sources: IEA, EIA, Reuters)
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