In 2024,China’s natural gas sector experienced robust growth in both supply and demand dynamics,as apparent consumption increased rapidly,reaching 426.05 billion m^(3),reflecting a 8.0%year-on-year surge.Domestic gas...In 2024,China’s natural gas sector experienced robust growth in both supply and demand dynamics,as apparent consumption increased rapidly,reaching 426.05 billion m^(3),reflecting a 8.0%year-on-year surge.Domestic gas increase in reserves and production persistently progressed,hitting a production volume of 249.27 billion m^(3) and achieving a six-year consecutive increment exceeding 13 billion m^(3).Imported natural gas continues to grow,with the combined volume of imported pipeline gas and imported LNG expected to reach 180.57 billion m^(3) in 2024,marking an 11.0%year-on-year increase.In 2025,China’s policy aimed at stabilizing growth will continue to exert its influence,maintaining a recovery trend in the national economy with steady progress.The natural gas market is expected to experience rapid growth,with demand primarily driven by industrial fuel and city gas,while the proportion of demand for power generation is anticipated to increase.The national natural gas demand growth rate is projected to be approximately 6%in 2025.展开更多
文摘In 2024,China’s natural gas sector experienced robust growth in both supply and demand dynamics,as apparent consumption increased rapidly,reaching 426.05 billion m^(3),reflecting a 8.0%year-on-year surge.Domestic gas increase in reserves and production persistently progressed,hitting a production volume of 249.27 billion m^(3) and achieving a six-year consecutive increment exceeding 13 billion m^(3).Imported natural gas continues to grow,with the combined volume of imported pipeline gas and imported LNG expected to reach 180.57 billion m^(3) in 2024,marking an 11.0%year-on-year increase.In 2025,China’s policy aimed at stabilizing growth will continue to exert its influence,maintaining a recovery trend in the national economy with steady progress.The natural gas market is expected to experience rapid growth,with demand primarily driven by industrial fuel and city gas,while the proportion of demand for power generation is anticipated to increase.The national natural gas demand growth rate is projected to be approximately 6%in 2025.