The Business Times
SUBSCRIBERS

World's costliest gas clouding China's campaign for blue skies

It aims to get as much as 10% of its energy from the cleaner fuel by 2020

Published Wed, Jul 5, 2017 · 09:50 PM
Share this article.

Singapore

CHINA has promised to make its skies blue again, but having some of the world's most expensive natural gas isn't helping.

The biggest energy consumer on earth wants to use more of the cleaner-burning fuel in place of the coal that's choking its skies and causing pollution far exceeding the World Health Organisation's daily recommended limit. China has the ability to increase imports and is seeking to raise domestic production, but high prices risk suppressing demand growth and jeopardising the country's ambitious targets.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Energy & Commodities

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here