China National Petroleum Corporation

Growing demand

PUBLISHED : Monday, 31 May, 1999, 12:00am
UPDATED : Thursday, 11 June, 2015, 4:57pm

World natural-gas demand is expected to grow at an average annual rate of 2.7 per cent to 2010, according to a mainland energy analyst.

Han Dakuang, of the China National Petroleum Corp (CNPC), said demand would climb to slightly more than three trillion cubic metres in 2010 from about 2.1 trillion cubic metres in 1995, Xinhua reported.

Demand in the Asia-Pacific region was expected to grow from about 200 billion cubic metres in 1995 to 470 billion cubic metres, a 6 per cent annual increase.

Increased protection of the environment had made gas more attractive because of its cleanliness. Economic restructuring and urbanisation would also sharply increase demand for gas.