China’s CNPC said on Monday that it will build 23 more gas storage facilities and expand 10 existing ones by 2030, Reuters writes.

• The state energy group will build six regional gas storage centres across China, where the facilities will be located, in the next 12 years, according to a statement published on the company’s website
• The plan was part of China’s efforts to secure supplies of natural gas during peak demand season over winter
• Gas producers and local authorities have been boosting investment and adding new storage following a harsh winter that saw a severe supply squeeze, partly due to storage shortfalls