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Woodmac says Chinese gas import will keep growing

China's gas import will continue to grow considerably despite expectations that the country's own output will more than double over 20 years, UK analyst firm Wood Mackenzie assesses in a new report.

Photo: Issei Kato/Reuters/Ritzau Scanpix/REUTERS / X90003

Although China is expected to hold the world's third-largest gas output in 2027, Chinese gas import will continue to rise, according to UK analyst firm Wood Mackenzie.

In a new report, Woodmac estimates that demand for foreign gas will amount to more than 673 billion cubic meters in 2040, which will correspond to more than half of Asia's energy consumption.

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