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Development Status and Prospects of Chinese Natural Gas Industry in 2021

Development Status and Prospects of Chinese Natural Gas Industry in 2021

作     者:Gao Jie Xu Chi Huang Haibin Gao Jie;Xu Chi;Huang Haibin

作者机构:PetroChina Planning and Engineering Institute CNPC Production and Operation Management Department PipeChina Southwest Pipeline Company Kunming Brunch 

出 版 物:《China Oil & Gas》 (中国油气(英文版))

年 卷 期:2022年第29卷第1期

页      面:45-51页

学科分类:02[经济学] 0202[经济学-应用经济学] 

主  题:continue sustained maintain 

摘      要:China’s natural gas industry saw a strong rebound in supply and demand in 2021,with apparent consumption reaching 372.6 billion m^(3),up by 12.7%year on year.The increase in domestic gas reserves and production continued to advance,with production reaching 208.6 billion m^(3),an increase of more than 10 billion m^(3) for five consecutive years.Imported natural gas grew at a high rate,with imported pipeline gas and imported LNG totaling 169.1 billion m^(3) in 2021,up by 20.9%year on year,making China the world’s top LNG importer for the first time.In 2022,as China’s economy continues to recover steadily and the development of clean energy decarbonization continues under the“Carbon Peaking and Carbon Neutrality Goalsstrategy,the natural gas market will maintain sustained growth,but the incremental demand level and growth rate will be lower than in 2021,with demand growth expected to reach 6%-7%.

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