Apparently our Chinese Investors are ahead of the curve….
“Jan. 20 (Bloomberg) -- China, the world’s biggest energy consumer, may increase apparent natural gas demand by 77 percent in 2015 from this year as the country steps up use of cleaner- burning fuels to curb carbon emissions.”
“CNPC plans to “intensify” purchases of global oil and gas assets in the five years through 2015, the company said in a statement on its website today. PetroChina made $6.9 billion of acquisitions in countries from Australia to Singapore in the past two years and has said it plans to spend at least $60 billion to buy assets this decade.”
Read more….