The year 2017 saw explosive growth in China's natural gas market, and the apparent consumption was 235.7 billion cubic meters, up 18.2% over the same period of 2016. In 2017, China's domestic production growth...The year 2017 saw explosive growth in China's natural gas market, and the apparent consumption was 235.7 billion cubic meters, up 18.2% over the same period of 2016. In 2017, China's domestic production growth picked up significantly, reaching 145.3 billion cubic meters, an increase of 9%.Natural gas imports grew rapidly, and imported pipeline gas and imported LNG totaled 91.6 billion cubic meters. The trade volume of LNG surpassed that of pipeline gas for the first time since 2012. In 2018, the macro-economy is expected to maintain growth at a moderate-to-high rate. However, driven by favorable factors such as environmental policies, China's demand for natural gas is expected to continue to grow rapidly, and natural gas consumption will maintain double-digit growth, roughly at 12%. Nevertheless, the seasonable imbalance between natural gas supply and demand will remain conspicuous.展开更多
This article described the changes in consumption of finished petroleum products in China since 2008, referring to the international economic environment that has reversed the consumption of finished oil products, and...This article described the changes in consumption of finished petroleum products in China since 2008, referring to the international economic environment that has reversed the consumption of finished oil products, and China＇s domestic economic situation and oil pricing policy and major factors related with changes in industrial sectors. This article, by making projections on future market trends, has estimated that in the foreseeable future the domestic finished oil products market will be glutted with oil products that will exceed the demand.展开更多
文摘The year 2017 saw explosive growth in China's natural gas market, and the apparent consumption was 235.7 billion cubic meters, up 18.2% over the same period of 2016. In 2017, China's domestic production growth picked up significantly, reaching 145.3 billion cubic meters, an increase of 9%.Natural gas imports grew rapidly, and imported pipeline gas and imported LNG totaled 91.6 billion cubic meters. The trade volume of LNG surpassed that of pipeline gas for the first time since 2012. In 2018, the macro-economy is expected to maintain growth at a moderate-to-high rate. However, driven by favorable factors such as environmental policies, China's demand for natural gas is expected to continue to grow rapidly, and natural gas consumption will maintain double-digit growth, roughly at 12%. Nevertheless, the seasonable imbalance between natural gas supply and demand will remain conspicuous.
文摘This article described the changes in consumption of finished petroleum products in China since 2008, referring to the international economic environment that has reversed the consumption of finished oil products, and China＇s domestic economic situation and oil pricing policy and major factors related with changes in industrial sectors. This article, by making projections on future market trends, has estimated that in the foreseeable future the domestic finished oil products market will be glutted with oil products that will exceed the demand.
