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Elixir Energy well positioned to meet China’s booming natural gas demand | IOL Business Report

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Elixir Energy well positioned to meet China’s booming natural gas demand

This comes as the Chinese government pushes for a switch to cleaner energy sources from coal, implementing policies to reduce sulfur dioxide and nitrogen oxides emissions and bring up the number of days with good air quality to 80%.

To achieve this, it’s encouraging a switch from coal to natural gas, aiming for natural gas to account for 10% of energy consumption this year — a policy that is understandably driving significant growth in natural gas demand.

 

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