Forecast: Direct Transfer on Natural Gas for All Beneficiaries or Sectors in China

In 2023, the direct transfer on natural gas for all beneficiaries or sectors in China stood at approximately 1.30 billion USD, constant at 2020 values. From 2024 to 2028, there is a forecasted gradual increase, with the value reaching 1.52 billion USD by 2028. Year-on-year variation indicates a steady growth trend with an average yearly increase of about 3.19% CAGR over this period.

Future trends to watch for include:

  • Government policies affecting energy subsidies and natural gas pricing.
  • China's continued shift towards renewable energy and its impact on natural gas dependency.
  • Fluctuations in global energy markets and how they influence trade and domestic consumption.

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