The demand for natural gas in China will be huge i

2022-10-14
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In the future, China's natural gas demand will be huge, and the tension between supply and demand will continue in five years

Abstract: according to the data of China Petroleum Institute of economics and technology, China's natural gas demand will have a huge growth space in the future, and the natural gas demand will reach 620billion cubic meters and 750billion cubic meters in 2030 and 2050 respectively

recently, Xu Bo, senior economist of natural gas market of China Petroleum Institute of economics and technology, said at the market-oriented development conference of China's natural gas industry that taking Beijing Tianjin Hebei region as an example, the natural gas market is currently facing the challenge of seasonal tight supply, which Ma Kai stressed, and the tension between supply and demand will continue in five years. According to the current natural gas consumption of about 230billion cubic meters, the effective gas storage must be increased by 23billion cubic meters in order to ensure supply

according to the data of China Petroleum Institute of economics and technology, China's natural gas demand will have a huge growth space in the future. In 2030 and 2050, the natural gas demand will reach 620billion cubic meters and 750billion cubic meters respectively. Before 2030, due to factors such as haze control, the "gas instead of coal" measure will promote the rapid growth of natural gas consumption in industry, residents and power generation sectors, with an average annual growth rate of 8.1% by 2030. After 2030, especially after 2040, as the gas consumption of industrial and residential sectors has basically reached saturation, the growth rate of natural gas demand will significantly slow down

in the future, China's natural gas market has about 15 years of rapid growth. In 2016, China's urban gasification rate reached 57%, and it is expected to reach 60% by 2020 and 70% by 2030. The experts at the meeting said that the shortage of gas supply is a new manifestation of the old problem. In the future, it is necessary to improve the legislation and remove the main body, put the competitive link to the market, encourage more social subjects to participate in the exploitation and import of natural gas, speed up the construction and fair opening of pipelines, LNG terminals, gas storage and other infrastructure, and reduce costs by increasing competition, It is the fundamental reason to promote the popularization and utilization of natural gas, which ultimately leads to inaccurate data

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