China’s Homegrown Gas Push Is a New Headache for the World’s Exporters
With oil demand nearing its peak, the country’s largest hydrocarbon producers are looking elsewhere.
Pipework at a shale gas collection and transfer facility run by a unit of Sinopec in Jiaoshiba, China.
Photographer: Qilai Shen/BloombergThis article is for subscribers only.
Welcome to Energy Daily, our guide to the commodities markets powering the global economy. Today, reporter Dan Murtaugh takes a look at China’s energy giants.
International oil majors have spent billions of dollars producing natural gas for Chinese consumers. Now, homegrown titans look set to beat them to the punch.
