China's natural gas energy consumption ratio rises to 8.4% or will peak around 2040

Recently, the official website of the National Energy Administration released the "China Natural Gas Development Report (2021)" (hereinafter referred to as "China Natural Gas Development Report (2021)" jointly prepared by the National Energy Administration Department of Petroleum and Natural Gas, the Institute of Resources and Environmental Policy of the Development Research Center of the State Council, and the Oil and Gas Resource Strategy Research Center of the Ministry of Natural Resources Report)
.

The world's natural gas production and consumption will drop in 2020

In 2020, due to the dual impact of the new crown epidemic and low oil prices, the world's natural gas production was 3.

The new crown epidemic has severely affected global production and trade, and the world's total primary energy consumption has fallen by 4.

In 2020, the world's LNG (liquefied natural gas) trade volume was 487.

China's natural gas energy consumption rises to 8.

China's natural gas production has increased by more than 10 billion cubic meters for four consecutive years, reaching 192.

　　The growth rate of China's natural gas imports has slowed
.

　　China continues to promote the development of clean and low-carbon energy.

　　In China's total energy consumption in 2020, coal accounted for 56.

　　China's natural gas consumption increased by 70% during the 13th Five-Year Plan

　　During the "Thirteenth Five-Year Plan" period, the total investment in oil and gas exploration and development nationwide was 1.

　　During the "Thirteenth Five-Year Plan" period, the construction of China's domestic supply, storage and marketing system achieved initial results
.
In terms of imports, the four major import strategic channels (Northwest Central Asia Pipeline, Northeast China-Russia Pipeline, Southwest China-Myanmar Pipeline, and Maritime LNG Channel) have been fully completed.
In 2020, China’s natural gas imports will increase by 78.
9 billion cubic meters compared with 2015, with an average annual growth rate.
18%
.

　　In terms of gas storage, in 2020, the total working gas volume of underground gas storage (group) has been built in the country by 14.
4 billion cubic meters, an increase of 8.
9 billion cubic meters from 2015
.
In 2020, the storage tank capacity of coastal LNG receiving stations will increase by 5.
66 million cubic meters compared with 2015, an increase of 113%
.
As of the 2020 heating season, the national gas storage capacity reached 23.
4 billion cubic meters, accounting for 7.
2% of natural gas consumption, an increase of 2.
9 percentage points from 2015
.

　　In terms of pipeline network construction, the construction of “one network across the country” has been accelerated.
The total length of natural gas pipelines is approximately 110,000 kilometers.
The domestic pipeline network framework has basically been formed, the interconnection of trunk pipelines has been basically realized, gas source islands have been basically eliminated, and the capacity of gas storage and peak shaving has been further improved.
Enhancement to achieve stable gas supply during the heating season
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　　During the "Thirteenth Five-Year Plan" period, natural gas continued to expand its utilization scale in areas such as coal replacement, power generation, and transportation, and a multi-wheel-driven market growth system has basically taken shape
.
19 million new “coal-to-gas” users were added, and natural gas heating area reached 3.
06 billion square meters, an increase of 1.
1 billion square meters over 2016
.
The newly-added installed capacity of natural gas power generation is 41.
02 million kilowatts.
In 2020, the total scale of gas power will reach 98.
02 million kilowatts
.
1.
8 million new types of gasification vehicles and more than 290 ships will be added.
In 2020, the total number of types of gasification vehicles and ships will reach 7 million (ships)
.
More than 4,300 supporting CNG/LNG refueling stations will be newly built, and the total number of refueling stations will reach 10,800 in 2020
.

　　The process of marketization of natural gas prices has continued to advance, and the gate station prices of residents and non-residents have been “combined”
.
More than 80% of the gas consumption gate station prices are formed through negotiation between the supply and demand parties and market-led.
The proportion of fully market-oriented resources has increased from less than 10% in 2015 to 45% in 2020
.

　　During the "13th Five-Year Plan" period, China's natural gas consumption increased by 134.
8 billion cubic meters, an increase of 70%; the new gasification population reached 160 million, and the total gasification population reached 490 million; the new natural gas consumption was compared with coal with the same calorific value , Achieving emission reduction of 570 million tons of carbon dioxide and 6.
3 million tons of sulfur dioxide
.

　　China's natural gas consumption may peak around 2040

　　The "Report" believes that natural gas is the cleanest and low-carbon fossil energy and will play an important role in the global energy green and low-carbon transition
.
At present and for a long period of time in the future, China's energy development has entered a development stage where incremental substitution and stock substitution coexist.
Fossil energy, including natural gas, is not only the "ballast" to ensure energy security, but also a high proportion of new energy sources.
The "stabilizer" of power safety under the new power system
.

　　Promote energy green and low-carbon transformation, orderly expand the scale of natural gas utilization in industry, construction, transportation, power and other fields, and give full play to the high efficiency of gas power generation, flexible operation, fast start and stop speed, short construction period, and small footprint, etc.
Characteristics, gas-electric peak shaving is an important part of building a new power system with new energy as the main body, which is one of the important ways to help energy carbon peak and build a clean, low-carbon, safe and efficient energy system
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　　The natural gas industry is related to the national economy and people's livelihood, and the development of the industry must strive to maintain a steady rise and fall to achieve high-quality development
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In the near to mid-term, the focus of the industry’s development is to meet energy consumption growth and new energy fluctuations and peak shaving requirements; in the mid- to long-term, to truly achieve the integrated development of natural gas and new energy, combined with carbon capture, utilization and storage (CCUS) and other carbon neutral technology advancements , Actively explore and promote the near-zero emission business model of "centralized utilization + CCUS" of fossil energy such as natural gas
.

　　The integrated development of natural gas and new energy requires the promotion of several development models based on local conditions
.
The first is to establish a comprehensive energy delivery model for wind, wind, gas, and water in the "Three North" areas with better renewable resources
.
The second is to establish a comprehensive energy consumption model for wind, wind, gas, and water in coastal areas with better renewable resources
.
The third is to encourage the development of natural gas distributed energy and promote a comprehensive energy service model that integrates power supply, gas supply, heating and cooling
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　　From January to June 2021, China's natural gas consumption will increase by more than 20% year-on-year
.
The "Report" predicts that China's natural gas consumption will be between 365 billion and 370 billion cubic meters in 2021, between 430 billion and 450 billion cubic meters in 2025, and between 550 billion and 600 billion cubic meters in 2030, and natural gas consumption will be steady thereafter.
Sustainable growth, entering a development platform period around 2040
.

　　This means that China's natural gas consumption may peak around 2040
.

　　Transfer from: China Petrochemical News