- About PO&G

- History

- About LNG

- Expanding Market in LNG

- Business Divisions

Today, natural gas accounts for 24.7% of the world’s energy requirements while LNG only accounts for 5.7% of this supply. This translates to LNG contributing only 1.5% of total world energy market, hence there is huge room for growth.

The use of natural gas is experiencing a major expansion world wide. The use of clear burning natural gas as fuels to fire CCGT power plants is becoming widely accepted and encouraged world wide including China.

The Chinese Government plans to increase natural gas consumption from its current 2% level to 8% by 2010. This translates into an increase in gas requirements from 20 million tons in 2000 to about 69 million tons by 2010.