Bloomberg
China’s Gas Demand Outlook Clouded by Guangdong’s Power Shift
Thursday, September 17, 2026
Guangdong Province implemented electricity market reforms that may reduce natural gas demand across China's broader energy sector. Guangdong is one of China's largest economic regions. The reforms allow greater competition in electricity generation and pricing, potentially shifting power generation away from gas-fired plants. Chinese natural gas consumption has been tied to electricity generation capacity in major industrial provinces.
