China oil demand to peak by 2030 on petrochemical use – CNPC China Oil Commodities Energy WTI
and kerosene consumption are forecast to peak sometime around 2025 at about 390 million tonnes per year. The strong petrochemical demand will support rising consumption through to 2030.”
“The ETRI also forecast the consumption of natural gas, a key bridge fuel during the energy transition and carbon reduction, will peak by 2040 at about 650 billion cubic metres per year.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
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