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China's natural gas consumption returns to the track of rapid growth
2024-08-12
A few days ago, the National Energy Administration released the "China Natural Gas Development Report (2024) "(hereinafter referred to as the" Report ") pointed out that my country's natural gas consumption has returned to a rapid growth track, and the scale of consumption has reached a new high. At the same time, domestic resources continue to be produced, infrastructure construction is accelerated, structural optimization is significant, the resilience of the industrial chain supply chain is further enhanced, the system and mechanism are constantly improved, and the momentum of natural gas development is sufficient.
It is understood that with the enhancement of the market regulation role, the domestic gas consumption structure has been continuously optimized, the multi-energy complementary effect has begun to show, and the market demand has also seen rapid growth. The report states that,In 2023, natural gas consumption reached 394.5 billion cubic meters, an increase of 28.2 billion cubic meters, an increase of 7.6 percent over the previous year; natural gas accounted for 8.5 percent of total primary energy consumption, an increase of 0.1 percentage points over the previous year.
Under the guidance of the new round of oil and gas market reform, the natural gas industry will continue to promote high-quality and fair opening of infrastructure, deepen the market-oriented reform of natural gas prices, strengthen the supervision of natural monopoly links, maintain a fair and just market environment, and pragmatically promote international energy cooperation. Expand high-level opening up.
Source: China Petroleum News Center
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