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Natural gas gains momentum
- Article from:
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The China Business Review
- Article date:
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July 1, 1998
- Author:
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;
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Copyright informationCopyright U.S.-China Business Council Jul/Aug 1998. Provided by ProQuest LLC. (Hide copyright information)
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To realize China's natural gas potential, Beijing should remove key barriers to foreign investment
Though coal still accounts for nearly three-quarters of its total energy needs, China stands on the brink of dramatically increasing its use of alternative energy sources, including natural gas. Chronic energy imbalances and shortages, the cost of rising petroleum imports, extensive environmental damage caused by coal combustion, and improved natural gas-based power-generation technologies all stand to expand the role of natural gas in China's energy structure.
Natural gas currently accounts for less than 2 percent of the PRC's primary energy consumption, but government planners project ...
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