07182018Wed
Last updateThu, 19 Jul 2018 1am

i

End-User News

China Leads Growth in Global Natural Gas Consumption

Global natural gas consumption is expected to grow from 340B cubic feet per day (cf/d) in 2015 to 485B cf/d by 2040, primarily in countries in Asia and in the Middle East, according to the U.S. Energy Information Administration (EIA). China accounts for more than a quarter of all global natural gas consumption growth between 2015 and 2040.

The projected growth in natural gas consumption in China is driven by environmental policies, relative cost competitiveness of natural gas in the industrial and transportation sectors, and relatively high economic growth. EIA projects China’s natural gas consumption to grow from 19B cf/d in 2015 to 57B cf/d in 2040, surpassing all other countries except the U.S. 

Subscribe SUM18

FREE SUBSCRIPTION*

• Print magazine
Digital magazine
• VALVE eNews
Read the latest issue

*to qualified valve professionals in the U.S./Canada

Looking for a career in the Valve Industry?

ValveCareers Horiz

To learn more, visit the Valve Careers YouTube channel to watch the videos below or visit ValveCareers.com a special initiative of the Valve Manufacturers Association

  • Latest Post

  • Popular

  • Links

  • Events

New Products