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China's natural gas output up 12.3% in October

November 21, 2022
oil and gas

BEIJING, 20th November, 2022 (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 percent 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 percent 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 percent 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 on Wednesday.

The commission will urge localities to stay true to related price policies to maintain relatively stable natural gas prices for households, the spokesperson added.

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