China's share in global gas consumption rises
Driven by government's environmental policies encouraging coal-to-gas switching,China contributed 32.6 percent of global gas consumption growth in 2017, becoming the single biggest factor fueling global gas consumption, according to new data released in Jinan, capital city of Shandong province, by the oil company BP in its latest Statistical Review of World Energy.
Last year was a strong year for natural gas with consumption growing three percent and production rising four percent - the fastest growth rates since 2010, the review said.
The review said global renewable energies consumption was led by China, which accounted for 36 percent of global renewable energies consumption growth.
More countries continued to push forward the transition to a lower carbon economy in 2017.
Last year primary energy consumption growth averaged 2.2 percent in 2017, the fastest since 2013.
But carbon emissions from energy consumption increased 1.6 percent after little or zero increase for the three years from 2014 to 2016.
Bob Dudley, BP Group CEO, said, "2017 was a year where structural forces in the energy market continued to push forward the transition to a lower carbon economy, but where cyclical factors have reversed or slowed some of the gains from prior years. These factors, combined with rising demand for energy, have resulted in a material increase in carbon emissions.”
“China plays a critical role in the world’s low-carbon transition,” said Yang Xiaoping, BP China president. “BP is committed to actively continuing our efforts to support China’s overall construction of a low-carbon, clean, safe and efficient energy system.”
API Market Analysis
2026-09-07
Trade Alert
Delivering the latest product trends and industry news straight to your inbox.
(We'll never share your email address with a third-party.)
Related News
-
USDA Puts Fresh Money Into Local Food Markets
-
"No available slots" returns as global shipping rates skyrocket amid multiple factors
-
Domo Chemicals’ German Subsidiary Insolvencies: Energy Costs, Weak Demand and Chinese Nylon Competition
-
The Carbon Tollbooth Is Open: EU’s CBAM Ushers in a New Era of Climate-Linked Trade
-
Sherwin-Williams Surpasses $100 Billion in Market Cap: Is This the ‘Apple Moment’ for Paint, or America’s Industrial ‘One Hundred Years of Solitude’?
-
Carbon Fiber’s Price Surge Signals a New Era of Strategic Value—and Supply Tension
-
EU Greenlights Four GM Crops—But Only at the Border
-
The $6 Billion Gold Rush: Generic Semaglutide Set to Reshape Global Pharma After Patent Cliff
-
Indorama Corporation Acquires 100% Stake in Anyang Zhongying Fertilizer
-
“Anti-Overcapacity” Backfires: China’s Chemical Industry Trapped in a Hell of Its Own Making—and Global Pushback
Recommend Reading
-
Rare Earth and Power: Strategic Probing Beneath the New U.S.–China Trade Framework
-
Rhine Drought Disrupts German Chemical Logistics, Raising Supply Risks for BASF, Covestro and Evonik
-
U.S. 10% Temporary Tariff Expires, New Section 301 Tariffs Not Yet Implemented
-
Global Oil Inventories Fall: Restocking Demand May Keep Petrochemical Costs Supported
-
China’s PE, PP and PVC Exports Rise as Stockpile Releases Reshape Global Supply
-
This week, the Aniline market in China continues to rise (7.20-7.24)
-
Phenol Market Broadly Declines Since November, Then Gradually Stabilizes
-
Costs Strongly Support, China's Gasoline and Diesel Prices Surge
-
Insufficient Demand, Cyclohexane Market Maintains Stable Operation Overall in China
-
Sulfur Hexafluoride (SF6): Applications and Safety