China’s energy demand, which has been helping drive expansion in Australian natural gas, coal and uranium for some years, has stepped up a notch or two.
China’s rapidly rising energy demand, which has helped drive expansion in Australian natural gas, coal and uranium for years, has accelerated.
At the front is the liquefied natural gas (LNG) sector with an unprecedented string of multibillion-dollar contracts to China’s two biggest players, CNOOC and PetroChina. A deal with Sinopec seems a matter of time.
