China is about to do for global gas demand what it did for oil

#oilwire - China is in a “golden age” for natural gas that will make it the world’s biggest user of the fuel sometime between 2040 and 2050. The nation is poised to outpace the U.S., the current No. 1 consumer of natural gas, as well as all other countries over the next two decades. China led growth in global oil demand for much of the past 20 years. The boom in demand underscores the Chinese government’s intent to shift the world’s second-largest economy away from dirtier fuels like coal and petroleum in an effort to clean the air in its smog-choked cities. Natural gas demand through the end of August was up 18% from the previous year, according to government data.

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