综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

Business / Industries

Economic slowdown lowers rise in gas use to 9 percent

By DU JUAN (China Daily) Updated: 2014-12-18 07:41

Natural gas consumption growth in China is estimated at 9 percent this year, the first time that expansion has been in the single-digit range since 2007, experts said on Wednesday.

During the 13th Five-Year Plan (2016-20), consumption will rise only about 8 percent annually on average, said Qian Xingkun, vice-president of CNPC Economics and Technology Research Institute, an energy think tank run by the China National Petroleum Corp.

He offered the figures during the Third Asian Gas Market Forum in Beijing.

"Because of China's economic slowdown, annual growth in the nation's natural gas consumption will no longer run at double-digit levels," he said.

He estimated that this year's natural gas use will grow 9 percent to 183 billion cubic meters.

Gas consumption will continue rising, but it won't reach the levels that were previously forecast by the government. Consumption will be 200 bcm in 2015 and 300 bcm in 2020, Qian said.

Due to China's rapid economic growth and environmental protection efforts, natural gas demand has increased in recent years.

Consumption growth exceeded 10 percent in 2007. By 2011, the expansion rate had more than doubled to some 20 percent, which pushed up imports.

Even last year, demand was still expanding relatively rapidly. China used 168 bcm of natural gas in 2013 with annual growth of 13.9 percent. Imports accounted for more than 30 percent of the market for the first time in 2013.

But consumption growth has slowed in tandem with weaker economic expansion.

According to the National Development and Reform Commission, the top economic planner, China used 63.2 bcm of natural gas in the first half of this year, up 7.5 percent year-on-year.

Yang Lei, deputy director of the oil and gas department at the National Energy Administration, said that China needs to establish a natural gas trading market.

Wang Zhigang, senior vice-president of China Petroleum & Chemical Corp (Sinopec), said that the nation's gas consumption structure is improving as its growth slows.

According to Wang, Sinopec has "ambitious" shale gas development plans for the 13th Five-Year Plan period. It aims to achieve annual output of 10 bcm by 2020.

Tu Jianjun, China program manager of the International Energy Agency, said it is urgent for China to establish an influential natural gas trading center.

"The country's natural gas pricing mechanism should be improved as well to reflect the diversification of the country's gas supplies," he said.

Hot Topics

Editor's Picks
...
新丰县| 浦北县| 衡阳县| 太白县| 宜黄县| 自贡市| 昆明市| 万山特区| 麟游县| 岳池县| 焦作市| 三门县| 钟山县| 扎赉特旗| 平乡县| 苗栗市| 望江县| 牟定县| 平顺县| 北流市| 石景山区| 东乡县| 永德县| 和田县| 客服| 逊克县| 介休市| 凉城县| 沽源县| 长白| 琼结县| 富顺县| 石狮市| 怀宁县| 富锦市| 鹤岗市| 木里| 嘉禾县| 黔西县| 长海县| 绥化市|