PetroChina to Hike Winter Gas Supplies
Chinese state PetroChina will increase gas supply in the domestic market during the winter season spanning from November 15 to March 15, its parent company CNPC said on November 19 in a statement.
The company will supply 98.67bn m3 of natural gas, an increase of 11.3% compared with the same period a year ago. PetroChina said it would also accelerate the construction of new gas storage facilities. In the winter season, the peak-shaving gas volume of PetroChina's gas storage will increase by 15.5% yr/yr, it added.
Sinopec, another state company, also plans to ramp up winter gas supplies by 5.3% yr/yr, it said earlier this week.