Peter Wong Wai-yee, Towngas Managing Director:
Geopolitical Factors Impacting Business
China’s Diverse Natural Gas Sources Ensure Stable Supply
With the escalating tensions in the Middle East and no signs of a ceasefire in the conflict between Russia and Ukraine, geopolitical risks continue to have a lasting impact on energy prices. Peter Wong Wai-yee, Managing Director of Towngas, openly acknowledged that geopolitical issues have a certain influence on the business. Fortunately, China benefits from multiple natural gas sources, and it is believed that the supply remains stable given the current circumstances. He also emphasized that after the epidemic, citizens have become more cautious in their consumption. As a result, gas companies must seize opportunities amidst crises to elevate their business to new heights.
