Forecast: Total Support on Natural Gas for Fossil Fuel Production in China

The forecasted support for natural gas in fossil fuel production in China shows a slight upward trend from 2024 to 2028, starting at 1.56 and gradually increasing to 1.62 billion US dollars. Given the absence of 2023 data, we focus on year-over-year growth, reflecting consistent support incrementally. In percentage terms, growth remains steady, with small but noticeable increments annually, indicating sustained financial backing.

Future trends to watch for include:

  • Policy shifts towards renewable energy impacting natural gas consumption.
  • Economic changes, potentially altering investment levels.
  • Technological advancements decreasing costs and boosting gas production efficiency.
  • Geopolitical factors influencing trade and energy priorities.

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