In 2022, annual natural gas consumption in China declined by 1%, or 0.4 billion cubic feet per day (Bcf/d), from 2021, according to data from S&P Global Commodity Insights—the first decline in annual consumption since 1990, according to our International Energy Statistics. Slower economic growth, mainly resulting from widespread lockdowns associated with China’s zero-COVID policies, prompted the drop in natural gas consumption. Government policies also reprioritized energy supply security, including growth in coal production, over emissions targets. More ›
Data source: S&P Global Commodity Insights, China National Bureau of Statistics, China Energy Statistical Yearbooks
6/1/2023: $70.10/barrel
down$1.73 from week earlier
down$45.16 from year earlier
6/1/2023: $2.158/MMBtu
down$0.149 from week earlier
down$6.538 from year earlier
5/27/2023: 11.164 million tons
up0.024 million tons from week earlier
down0.350 million tons from year earlier
5/26/2023: 2,446 Bcf
up110 Bcf from week earlier
up557 Bcf from year earlier
5/26/2023: 459.7 million barrels
up4.5 million barrels from week earlier
up44.9 million barrels from year earlier