China’s City Gas Operators Should Benefit From Strong Growth in Gas Demand
According to the National Development and Reform Commission, China’s apparent demand for natural gas was up 17.4% year over year in the first quarter of 2018, partly aided by an exceptionally cold winter. Going forward, we believe demand growth will stay strong as the Chinese government remains committed to increasing the consumption of natural gas to tackle pollution issues. Although this should continue to benefit city gas operators, we think it has been largely priced in by the market. As suc...ENN Energy Holdings is an investment holding company. Through its subsidiaries, Co. is engaged in the gas supply business in the People's Republic of China, including but not limited to the sales of piped gas, gas connection, construction and operation of vehicles gas refuelling stations, wholesale of gas, sales of other energy and sales of gas appliances and materials.
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