GREY:BNPUF - Post by User
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freedom-1970on Mar 04, 2018 11:06am
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Nat Gas Demand
Nat Gas Demand In October, the U.S. Energy Information Administration (EIA) said that global natural gas consumption is expected to grow from 340 billion cubic feet per day (Bcf/d) in 2015 to 485 Bcf/d by 2040, primarily in countries in Asia and in the Middle East. China accounts for more than a quarter of all global natural gas consumption growth between 2015 and 2040, the EIA added.
In November, the Paris-based International Energy Agency (IEA) projected a similar trajectory. It said that China’s natural gas demand is estimated to increase to 400 bcm by 2040 from 210 Bcm in 2016 as the country shifts its emphasis to cleaner and more efficient sources of energy.