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    Will China Make An Unconventional Splash?

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Summary

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...

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Asia/Oceania

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?

Read the Full Article from the Financial Times HERE (Registration Required)