Gas shortage in China’s Zhejiang province to deepen until 2020: Official

• Posted in OilGas
• on October 18, 2018
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China’s eastern Zhejiang province will have a natural gas supply deficit of 2 billion cubic meters (bcm) in 2018 and 4.5 bcm in 2019 as consumption rises, Fan Xiaoning, president of Zhejiang Provincial Petroleum said on Thursday

* Fan was speaking at the International Petroleum and Natural Gas Enterprise conference at Zhoushan, near Shanghai

* Fan expects the gas shortage to widen until 2020, accounting for 30 per cent of total consumption by that year

* Zhejiang Provincial Petroleum Co is part of Zhejiang Energy Group

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