SINGAPORE (Reuters) – Sinopec Corp said on Friday it expects sales prices for natural gas in China in the fourth quarter to rise at least 20% versus a year earlier because of peak winter heating demand and in line with surging import costs.
The firm, Asia’s largest oil refiner, expects China’s gasoline consumption to peak around 2025/26, company executives told analysts and reporters.
(Reporting by Chen Aizhu and Muyu Xu; Editing by Christian Schmollinger)
