China’s hunger for energy may soon be met by domestic supplies of natural gas, if the country’s policy planners have their way. Natural gas provides 4 per cent of the country’s energy today, but the government wants to boost that to 8 per cent in five years.
“China is set to enhance exploration efforts, build gas reserves and increase natural imports to meet the goal,” said Wu Yin, deputy head of the NEA, earlier this year. “The 4 per cent level is low compared with the 24.1 per cent average globally.”
Natural gas is favoured because it is cleaner burning than coal, which accounts for 70 per cent of the country’s energy supply, and because gas is available domestically.
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