New Market Report Now Available: China Oil & Gas Report Q2 2013
While China is increasingly dependent on energy imports - particularly gas - owing to rapid growth in energy demand, there is considerable upside potential from its unconventional gas resources. A more open environment to foreign investment is needed in order to meet the ambitious production targets set by the state, especially if its vast unconventional gas resources are to be maximised. In the meantime, oil and gas demand could surprise to the downside if economic expansion comes under pressure.
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