Asia looks for more gas |
| |
Abstract: | A series of new gas developments across Asia is boosting production in a range of countries from Pakistan to China. Output is now growing by between 4% and 5% a year, helping to offset static or declining production of oil. As a result, many Asian countries are substituting gas for oil, particularly in the power sector. The bad news for Asia is that the growth in demand is now outstripping that in production, making the region increasingly reliant on imports. |
| |
Keywords: | |
|
|