China’s overall refining volumes are down significantly since middle of year as EVs are surpassing 50% market share there. Also while NG use for electricity is down, they are converting a lot of heavy transport to use LNG. In the future this will transition to H2.
This is a year of major climate progress, and even the west is inching forward.
China’s overall refining volumes are down significantly since middle of year as EVs are surpassing 50% market share there. Also while NG use for electricity is down, they are converting a lot of heavy transport to use LNG. In the future this will transition to H2.
This is a year of major climate progress, and even the west is inching forward.