China's natural gas demand set to hit new record.

Byline: S. Kamal Hayder Kazmi

S&P Global Platts Analytics expects Chinese natural gas demand to reach 360 Bcm in 2021, up 8.4 percent from an estimated 332 Bcm in 2020. It was at 313 Bcm in 2019.

State-owned Sinopec has a slightly more conservative outlook, and expects gas demand at around 340-345 Bcm in 2021, up 6 percent-8 percent from an estimated 320 Bcm in 2020, data from its unit Institute of Economic Research showed.

China's average annual increase in natural gas demand is expected to exceed...

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