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PetroChina Predicts China's Natural Gas Output to Double in a Decade, an Industrial Info News Alert

Posted on: Tuesday, 18 March 2008, 09:01 CDT

Researched by Industrial Info Resources (Sugar Land, Texas) -- Jia Chengzao, Vice President of PetroChina (NYSE:PTR), said China's natural gas output will double to between 150 billion cubic meters and 200 billion cubic meters in about a decade. Last year, the country produced 69.3 billion cubic meters of natural gas, 23.1% higher than 2006, and it will produce about 76 billion cubic meters this year.

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Industrial Info Resources (IIR) is a marketing information service specializing in industrial process and energy related industries with products and services ranging from industry news, forecasting, plant and project databases, as well as multimedia advertising campaign assistance. For more information send inquiries to oilandgasproductiongroup@industrialinfo.com or visit our website at www.industrialinfo.com.

 Contact: Joe Govreau 713-783-5147  

SOURCE: Industrial Info Resources


Source: MARKET WIRE

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