久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Policies

Natural gas shortage unlikely in 2018

By Zheng Xin | China Daily | Updated: 2018-03-17 08:51
Share
Share - WeChat
Two employees of Sinopec walk past a gas pipeline of the company in Puyang, Henan province. [Photo by Hu Qingming/For China Daily]

Meeting China's rising demand for natural gas, especially in the heating season, could prove to be challenging due to limited domestic output, slow pipeline imports and distribution network bottlenecks. However, experts believe a natural gas shortage is unlikely this coming winter as higher liquefied natural gas imports will help bridge the supply demand gap.

"China won't surprise the world again during this year's winter season despite its higher natural gas demand, as significant restocking activity by major LNG imports will help alleviate the gas shortages in northern China," said Marc Howson, senior managing analyst of LNG at S&P Global Platts.

"Even though domestic output and pipeline imports are unable to keep up with gas consumption growth, LNG will help bridge the supply-demand gap, especially in the highly populated coastal regions, which are largely removed from gas fields and import pipelines," he said.

China's LNG consumption jumped 47 percent from 25.7 million metric tons in 2016 to 37.8 million tons in 2017, surpassing South Korea as the world's second largest LNG importer, and becoming the largest contributor of global consumption growth.

According to the US Energy Information Administration, driven by government policies designed to reduce air pollution, natural gas consumption in China will continue to increase, while LNG demand in China is set to nearly double to 68 million tons per year by 2030 and its share of global LNG demand is expected to converge with that of Japan, the world's biggest consumer, by 2030, according to analysis of S&P Global Platts.

According to Howson, China's exposure to the international LNG spot market has increased substantially over the past year, as State-owned importers have replaced contracted volumes with cheaper spot deliveries.

China's growing reliance on spot purchase means importers will play an increasing role in balancing the global LNG markets and moving international prices, he said.

Many major oil and gas companies are eyeing the opportunity and gearing up to meet growth in LNG trucking in the country.

Houston-based Cheniere Energy and China National Petroleum Corp, the country's biggest oil producer, in February signed two long-term contracts for LNG from Sabine Pass and a new LNG facility under construction near Corpus Christi, a port city in Texas along the Gulf of Mexico.

CNPC has also vowed to raise its total working capacity of natural gas storage to 15 billion cubic meters by 2025, able to meet 10 percent of the peak seasonal demand.

The LNG terminal of China Petroleum & Chemical Corp, China's largest oil refiner, located in Tianjin, has started accepting LNG in February, a move expected to remarkably ease gas shortages in North China.

The first phase of the terminal can handle 3 million tons of LNG and produce 4 billion cu m of natural gas per year, supplying gas to Beijing, Hebei, Tianjin and Shandong.

Together with another LNG terminal run by oil giant China National Offshore Oil Corp, the first phase of the two terminals can handle 5.2 million tons of LNG each year.

China's 17 LNG terminals received shipments at an unprecedented rate last year, with some of the facilities operating well above nameplate capacity as the winter chill set in.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 欧美性色一级在线观看 | 成人日韩在线观看 | 日韩在线视精品在亚洲 | 国产三级在线视频观看 | 久久综合精品国产一区二区三区无 | 浮力影院网站午夜 | 中国成人在线视频 | 香蕉久久夜色精品国产 | 免费看特黄特黄欧美大片 | 亚洲精品国产综合久久一线 | 色综合久久久久久久 | 欧美粗又大gay69视频 | 国产大乳孕妇喷奶水在线观看 | ccav在线永久免费看 | 欧美日韩亚洲在线观看 | 在线观看日本免费视频大片一区 | 欧美成人黄色 | 97视频免费上传播放 | 欧美精品亚洲精品日韩专区 | 成人国产在线看不卡 | 欧美成人看片黄a免费 | 2020毛片| 日韩经典在线观看 | 欧美精品一区二区三区在线 | 草草影音 | 美国一级毛片不卡无毒 | 亚洲最大看欧美片网站 | 亚洲第一视频网站 | 一级毛片一片毛 | 亚洲天堂日韩在线 | 成人性视频免费网站 | 国产欧美在线观看不卡一 | 高清一区二区 | 韩国福利一区 | 亚洲精品韩国美女在线 | 亚洲 中文 欧美 日韩 在线人 | 韩国视频一区 | 国产禁女女网站免费看 | 久草社区视频 | 中美日韩在线网免费毛片视频 | 国产高清精品毛片基地 |