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

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
...
黎平县| 广德县| 静安区| 桐城市| 仙居县| 吉林市| 托克逊县| 河东区| 临洮县| 巴南区| 郧西县| 额济纳旗| 绥德县| 扶沟县| 柏乡县| 自贡市| 桐乡市| 织金县| 如东县| 天全县| 新昌县| 富顺县| 永和县| 鹤山市| 永年县| 衡南县| 弥渡县| 桦甸市| 赤壁市| 同心县| 铁岭市| 会理县| 镇沅| 阳信县| 托里县| 洞头县| 四川省| 尖扎县| 辽阳县| 南平市| 凌云县|