China natural gas supply and demand both decline in Q1 2026

In the first quarter of 2026, China's natural gas supply declined by 0.11% year-on-year and 7.88% quarter-on-quarter to 106.72 bcm, and total consumption edged down by 1.12% year-on-year and 4.63% quarter-on-quarter to 104.55 bcm.

Total natural gas supply in Q1 2026 stood at 106.72 billion cubic meters (bcm), down 0.11% year-on-year and 7.88% quarter-on-quarter. Domestic natural gas output climbed 2.21% year-on-year to 67.44 bcm, driven by strong gains from PetroChina Coalbed Methane Company, PetroChina Southwest Oil & Gasfield and Shaanxi Yanchang Petroleum. By contrast,