Filling the gap: China doubles down on gas

AI Briefing

• – China sets a target to increase domestic gas production to 12.1 million barrels per day by 2025, aiming to reduce reliance on imported liquefied natural gas.
• – The country also seeks to stabilize gas imports and ensure a stable supply chain to support its growing economy and industrial sector.
• – China plans to create a more secure and sustainable energy system by increasing domestic production and reducing dependence on imported gas.