国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

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

Shell provides clean energy solutions

By Zheng Xin | China Daily | Updated: 2018-06-08 11:20
Share
Share - WeChat
A worker walks through a project site operated by QGC, a unit of Royal Dutch Shell, in Gladstone, Australia. [Photo/Agencies]

As China's growing appetite for liquified natural gas is starting to change the global market pattern, global energy giants are taking action to meet the surging demand.

Royal Dutch Shell is China's largest LNG supplier with more than 20 percent of the total market in 2017. It has been increasing its muscle in the world's fastest-growing LNG market, looking to meet the country's soaring demand for cleaner fuels as it transitions away from coal.

"Shell is currently the world's largest private LNG producer, and the partnership with China, the world's second-largest LNG importer, is complementary," said Zhang Xinsheng, executive chairman of Shell in China.

"Not only supplying China with gas developed and liquefied by its own joint ventures, but also additional LNG sourced through its global resources and trading advantages, Shell is committed to working with our partners in China to provide more and cleaner energy solutions to better support the country's growing energy needs."

China's LNG demand is expected to nearly double to 68 million metric tons per year by 2023 from the 2017 figure and exceed that of Japan, the world's biggest consumer, before 2030, according to S&P Global Platts Analytics.

Against this backdrop, Shell said it sees potential for a supply shortage developing in the mid-2020s, unless new LNG production project commitments are agreed soon.

Zhang said meeting China's rising gas demand is a challenge, even with domestic gas production increasing continuously and Russian gas pipeline projects going into production in 2019.

The onshore Changbei tight gas field is scheduled to see its Changbei II Phase 1 project begin operations this year. Developed and produced under a production-sharing contract between Shell and China National Petroleum Corp, the field will provide gas to Beijing and its neighboring regions, Zhang said.

Royal Dutch Shell completed the Changbei I development program under the contract and subsequently handed over the Changbei I production operatorship to CNPC in 2016. The company currently remains the operator of Changbei II.

"As a member of the Shanghai Petroleum and Gas Exchange, Shell wishes to participate in China's gas market more dynamically," Zhang said.

According to Steve Hill, executive vice-president at Shell Energy, LNG demand is expected to rise again in China this year, as the Beijing program of switching from coal to cleaner gas extends to other industrial cities. The full effect of the country's attempt to switch factories and residences from coal to gas to curb harmful emissions will be felt this year, he said.

Top
BACK TO THE TOP
English
Copyright 1994 - . 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
 
永济市| 凯里市| 同德县| 错那县| 旬阳县| 津市市| 清流县| 赤峰市| 咸阳市| 蓝山县| 太仆寺旗| 平山县| 筠连县| 玉环县| 和田市| 沂水县| 邢台市| 资中县| 富锦市| 福贡县| 奉贤区| 会泽县| 锡林郭勒盟| 江华| 修武县| 应用必备| 丘北县| 土默特右旗| 万源市| 藁城市| 寿光市| 师宗县| 天气| 尤溪县| 龙州县| 大兴区| 肥西县| 怀化市| 聂拉木县| 交口县| 闵行区|