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Current Situation and Prospects of the Development of China’s Natural Gas Industry

Current Situation and Prospects of the Development of China’s Natural Gas Industry
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摘要 In 2018,China's natural gas market reached a new level of development,with apparent consumption of 280.3 billion m3,up by 18.1%over the same period in the previous year.Domestic production grew steadily,reaching 157 billion m3,up by 7.2%over the same period in the previous year.Natural gas imports grew rapidly,with imports of pipeline gas and LNG totalling 124.2 billion m3.In terms of trade types,imports of LNG continue to exceed those of pipeline gas.In 2019,there has been downward pressure on the macro economy,and the development of the main gas sector has slowed down.Driven by environmental protection policies,the natural gas market continues to maintain rapid growth.However,it is difficult for the levels of increment and growth to reach those of the previous two years,and the growth rate of market demand is predicted to reach 10.7%. In 2018, China’s natural gas market reached a new level of development, with apparent consumption of 280.3 billion m3, up by 18.1%over the same period in the previous year. Domestic production grew steadily, reaching 157 billion m3, up by 7.2%over the same period in the previous year. Natural gas imports grew rapidly, with imports of pipeline gas and LNG totalling 124.2 billion m3.In terms of trade types, imports of LNG continue to exceed those of pipeline gas.In2019, there hasbeendownwardpressureon themacroeconomy,and thedevelopmentof themaingassector hassloweddown.Drivenby environmentalprotectionpolicies,thenaturalgasmarketcontinuesto maintainrapidgrowth.However,itisdifficultfor the levelsofincrement and growth to reach those of the previous two years, and the growth rate of market demand is predicted to reach 10.7%.
出处 《China Oil & Gas》 CAS 2019年第3期35-42,共8页 中国油气(英文版)
关键词 China NATURAL GAS Output CONSUMPTION PRICE Coal-intogas Urban GAS NATURAL GAS power generation Industry China Natural gas Output Consumption Price Coal-intogas Urban gas Natural gas power generation Industry
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