Abstract

An important question for global gas markets is the extent to which China’s demand for natural gas will grow, particularly in light of the perceived overbuild of liquefied natural gas (LNG) supply capacity. China’s current 13th Five-Year Plan endorses the use of natural gas to reduce coal consumption and achieve a cleaner energy mix. In this paper we examine household natural gas demand, taking account of economic cycles, and provide insights relating to China’s gas supply and demand balances that could have global consequences.