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Natural gas supply shortage from Turkmenistan driving up prices in China amounts to hype - NDRC

Gasoil News - Published on Fri, 11 Jan 2019

Image Source: Global Times
Global Times reported that the National Development and Reform Commission (NDRC) said that reports claiming a natural gas supply shortage from Turkmenistan could drive up natural gas prices in China amounts to hype. It said that the reports are not accurate

The comments came after domestic news site jiemian.com reported on Tuesday that Turkmenistan's state-owned energy major Natural Gas Konzern slashed natural gas supplies to its partner China National Petroleum Corp (CNPC). The news raised concern about the security of China's natural gas supply, especially during the winter when demand for the clean fuel is at its peak. Last winter, a gas shortage left some households in the freezing cold.

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Posted By : Joykumar Irom on Fri, 11 Jan 2019
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