China to Consume More than 150bn Cubic Meters of Natural Gas in 2012
OREANDA-NEWS. April 17, 2012. China’ natural gas consumption in 2011 was 134 billion cubic meters, up 20.6% year on year.
During the same year, the nation’s natural gas production totaled 101.9 billion cubic meters, a 7.9% increase from the previous year. Given that China imported more than 30 billion cubic meters of natural gas, its external dependence of natural gas rose to 24%.
This year, China is poised to consume more than 150 billion cubic meters of natural gas. With greater imports, the external dependence will rise above 30%.
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