Recent Development and Outlook for Natural Gas in China

• 作者: Zhou Qingfan
• 来源期刊: 中国油气（英文版）
• 年，卷（期）: 2021,（4）
• 所属期刊栏目: MARKET POTENTIAL
• 页码范围: 52-56
• 页数: 5页
• 语种: 英文

摘要

Over the past decade,China had developed rapidly in the natural gas industry and become one of the largest natural gas countries in the world.From 2009 to 2019,natural gas consumption in China had been growing rapidly with a compound annual growth rate of 13.1％,making it the world's third largest consumer of natural gas now.The share of natural gas in primary energy consumption mix is constantly increasing and reaches 8.6％in 2020.Natural gas proved reserves in China grow at an compound annual growth rate of 8.9％during the past decade,ranking the 6th largest in the world in 2020.China's natural gas production continued to grow with a compound annual growth rate of 7.5％from 2009 to 2019 and reached 100 billion cubic meters in 2011.At present,China is the world's fourth largest producer of natural gas.China imports natural gas rapidly,being the world's largest importer of natural gas since 2018.China gas import dependency rose rapidly in recent 10 years,closing to 45％in 2018,but it declined to about 43％in 2020.China's natural gas consumption and production will continue to grow in the next 10-15 years,the growth rate decreases gradually,but the gas consumption could turn to decline after 2030.The future development of China's natural gas also is full of challenge and uncertainty.Many factors,such as the COVID-19 pandemic,carbon neutrality strategy,technological progress and natural gas resource availability,will affect the development trend of natural gas in China.