EXR Trading 2021, page-4113

https://www.rt.com/business/522846-china-gas-demand-accelerates/

"In 2020, China consumed 326.2 billion cubic meters of natural gas, of which 192.5 billion cubic meters came from domestic production. This was almost 10% higher than the domestic production figure for 2019. Imports also rose in 2020, by 5.3% to 140.3 billion cubic meters. LNG imports specifically jumped by 10.3% over the first eight months of the first pandemic year as the Chinese economy rebounded a lot more quickly than others. As with oil, China was the driver of the recovery in gas demand last year. For this year, domestic production plans are for 202.5 billion cubic meters, which would be 5.2% higher than the 2020 figure. Of this total, PetroChina is seen producing 133.8 billion cubic meters. Sinopec, a much smaller gas producer, plans to extract 34 billion cubic meters of natural gas this year.

Even so, some in the gas industry in China are worried that demand is growing more slowly than it should. A recent poll carried out by Verdict and cited by Offshore Technology showed that for 35% of China’s gas and LNG industry, slow demand growth was the biggest concern. This was followed by LNG import project delays, which were the top concern for 21%."

$30,000 SPP Purchased.