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Article: The Demand for Natural Gas inside China Will Hit 100 Billion Cubic Meters in 2010, While the Supply Can Reach 80 Billion Cubic Meters.
- Article from:
- Business Wire
- Article date:
- July 15, 2008
CopyrightCOPYRIGHT 2008 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/research/efddc6/china_natural_gas) has announced the addition of the "China Natural Gas Industry Report, 2008" report to their offering.
Natural gas is clean, high effective and easy to transmit and store. The reserves of natural gas in the world are very rich. Presently, coal is the major energy used in China, taking 72% of the total, while natural gas covers only 2.5%, far less than the world's average level of 25% and 8.8% in Asia. The natural gas consumption per capita in the world is 403 cubic meters annually, while the consumption in China is 25 cubic meters only.
In 2006, ...