China’s natural gas output rises by 12.3% in October

Beijing / WAM

China’s natural gas output logged robust growth last month, data from the National Bureau of Statistics showed.
According to Xinhua news agency, the country produced 18.5 billion cubic metres of natural gas in October, up 12.3% from a year ago and the growth pace was 7.7 percentage points faster than that in September.
In the first 10 months of this year, China’s natural gas output rose 6% year-on-year (YoY) to 178.5 billion cubic metres. The country imported 88.74 million tonnes of natural gas in the same period, down 10.4% YoY.
China can generally guarantee natural gas supply for winter heating demands this year despite a complex international market situation, a spokesperson from the National Development and Reform Commission told a press conference.
The commission will urge localities to stay true to related price policies to maintain relatively stable natural gas prices for households, the spokesperson added.