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CN NEA: Natural Gas Sector Well-developed YTD; Supply, Demand Situation Expected to Be Stable in Heating Season
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China's National Energy Administration (NEA) organized a thematic meeting on natural gas warmth and supply for the 2024-2025 heating season last Thursday (17th).

The development of China's natural gas market has been generally favorable YTD, and the national natural gas consumption maintained a medium-to-high growth rate, the meeting said.

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The meeting examined the situation of supply and demand in the heating season and estimated that the supply and demand situation would be stable, with generally guaranteed total supply volume and peak supply guarantee capacity.
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