China is hot market

摘要

China’s “swelling demand for oil and gas for domestic consumption and heavy dependency on imports” makes it one of the most attractive mar- kets for the global oil and gas industry, according to analysts GlobalData. The company’s report Impact of China on Oil and Gas - Thematic Research said that to achieve the dual objective of reducing carbon emissions and ensuring energy sufficiency, Chinese oil and gas companies are gearing up to expand their reach and lend financial, as well as technical, expertise for projects around the world, especially in projects related to natural gas.