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China May Be Among World’s Top Gas Markets by 2020, Shell Says

By Bloomberg News

March 20 (Bloomberg) — China may become of the world’s biggest natural gas markets by 2020 as the country seeks to reduce its carbon intensity by increasing the use of cleaner burning fuel, Royal Dutch Shell Plc Chief Executive Officer Peter Voser (above) said today at a forum in Beijing.

Shell is working together with PetroChina Co., the nation’s largest oil producer, to seek new energy sources in China, Voser said, according to a Web cast of the conference on the Web site of the official People’s Daily in the Chinese language.

To contact the reporter on this story: Ying Wang in Beijing at [email protected]

Last Updated: March 20, 2010 04:10 EDT

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