Will China Make An Unconventional Splash?
The Financial Times reports that the world’s largest energy consumer, has a tendency to make a splash when it enters global energy markets.
Both in oil and coals markets, prices rose along with China’s import volumes country became a net importer.
The country may soon have the same effect on natural gas, say analysts.
The government plans to promote natural gas consumption because it is cleaner-burning than oil or coal.
Under Beijing’s blueprint, gas use will more than double during the next five years to reach 260bn cu m, making China the world’s third-largest gas market after Russia and the US.
But where will this natural gas come from?
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