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    Home > Chemicals Industry > China Chemical > The natural gas market develops steadily in the "14th Five-Year Plan" of my country's natural gas industry

    The natural gas market develops steadily in the "14th Five-Year Plan" of my country's natural gas industry

    • Last Update: 2022-06-14
    • Source: Internet
    • Author: User
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    With the rapid development of my country's economy and the significant increase in social productivity, my country's energy sector has undergone earth-shaking changes.
    In 2019, my country will steadily promote the "four revolutions, one cooperation" new energy security strategy, focus on the green and low-carbon transition, and continue to deepen the structural reforms on the energy supply side.
    In 2019, my country's energy consumption structure was further optimized, and the proportion of natural gas and other clean energy consumption in total energy consumption increased by 1.
    0 percentage point over the previous year.


      2020 is the end of the 13th Five-Year Plan and the year of the 14th Five-Year Plan.
    The natural gas industry should continue to promote the high-quality development of the industry in accordance with the important deployment of the new energy security strategy of "Four Revolutions, One Cooperation".


      1.
    Looking back


      on the natural gas industry Since 2019, China has continued to promote the market-oriented reform of natural gas.
    The upstream link relaxes market access, comprehensively promotes the competitive transfer of mining rights, and stimulates the vitality of exploration and development.
    Separate transportation and sales in the midstream link, establish a national oil and gas pipeline network company, and further promote the fair opening of infrastructure to third parties.
    In the downstream links, we will deepen the reform of natural gas prices, implement tax and fee reductions, and expand the utilization of natural gas.


      (1) The market-oriented reform of upstream natural gas

      deepen the reform of upstream market-oriented oil and gas, and orderly liberalize the market for oil and gas exploration and development.
    Implementing the spirit of the Party Central Committee and the State Council on deepening the reform of the oil and gas system and vigorously increasing the intensity of oil and gas exploration and development, successively promulgated a number of policies, opening up the oil and gas exploration and exploitation market, and introducing social funds through multiple channels to carry out oil and gas exploration and development; implementing more stringent block withdrawals, Urge companies to increase their exploration and development efforts; implement an integrated oil and gas exploration and production system to ensure that enterprises can directly enter oil and gas exploration after discovering discoveries; adjust the exploration rights once for two years to once for five years to reduce the cost of enterprises ; Decentralize the registration authority for the transfer of coal-bed methane mining rights to the provincial natural resources authority to mobilize local enthusiasm.


      From July 30, 2019, restrictions on foreign investment in China's oil and gas exploration and development fields have been further relaxed, and restrictions on oil and gas exploration and development limited to joint ventures and cooperation have been gradually lifted.
    Continue to advance the Xinjiang pilot, continue to promote the construction of the northern Guizhou shale gas test area, the southern Sichuan shale gas test area, establish a comprehensive demonstration area for shale gas exploration and development in Western Hubei, promote the reform pilot of oil and gas exploration and exploitation in the South China Sea and the comprehensive reform pilot of the energy revolution in Shanxi jobs.


      Improve the unconventional natural gas subsidy policy and encourage enterprises to accelerate the development of unconventional gas.
    The Supplementary Notice on the "Interim Measures for the Management of Special Funds for the Development of Renewable Energy" clearly stated that the establishment of special funds for the development of renewable energy to support the exploitation and utilization of unconventional natural gas such as coal bed methane (coal methane), shale gas, tight gas, etc.
    For the annual output, a cascade bonus will be given according to the degree of excess; for those that have not reached the previous year's output, a deduction will be made according to the degree; for the unconventional natural gas production in the heating season, the excess coefficient will be converted to reflect the "winter increase in winter supplement".


      (2) Market-oriented reform of midstream natural gas

      establish a national oil and gas pipeline network company to promote the construction of a "national network".
    Earnestly implement the spirit of the "Several Opinions on Deepening the Reform of the Petroleum and Natural Gas System" and "Implementation Opinions on the Reform of the Oil and Natural Gas Pipeline Network Operation Mechanism" to form an oil and gas pipeline company with state-owned capital holdings and diversified investment entities.
    Deepen the reform of the system and mechanism, promulgate the "Regulations for the Fair Opening of Oil and Gas Pipeline Network Facilities", accelerate the realization of infrastructure interconnection and fair opening, build a fair and open information platform for oil and gas pipeline network facilities, ensure open and transparent information access, and optimize the market operating environment.
    With the establishment of the National Oil and Gas Pipeline Network Company and the separation of transportation and sales of other types of long-distance pipelines at all levels, it is conducive to the fair opening of the pipeline network and other midstream infrastructure to third-party market players; it is conducive to further accelerating the overall planning of the national oil and gas trunk pipeline network Construction and operation, promote the interconnection of pipeline networks, and build a "national one network"; it is conducive to further improving the efficiency of oil and gas resource transportation and allocation, and ensuring the safe and stable supply of oil and gas.
    Promulgated "Implementation Opinions on Accelerating the Construction of Natural Gas Storage Capacity" and other documents to further accelerate the construction of gas storage infrastructure and enhance the capacity of natural gas storage.
    Optimize the planning and construction layout of gas storage facilities, and guide areas with large peak-to-valley differences and rapid demand growth to appropriately raise construction targets.
    Establish and improve the operation model of gas storage facilities, promote independent operation, and improve investment recovery channels such as price mechanisms.
    Increase policy support for land, fiscal and taxation, finance, investment, etc.
    , to encourage enterprises to accelerate the shortcomings of gas storage infrastructure construction, and promote the rapid improvement of gas storage capacity.


      (3) Natural gas downstream market reform

      Promote natural gas power generation and accelerate the development of transportation gas in accordance with local conditions, and continue to play the positive role of natural gas in the prevention and control of air pollution.
    Taking into account the coordinated development of different regions, different resource endowments, and different energy use methods, the construction of natural gas power generation projects is steadily promoted.
    As of the end of 2019, the installed capacity of natural gas power generation has exceeded 90 million kilowatts.
    At the same time, the "2020 Global Marine Fuel Sulfur Restriction Order Implementation Plan" and other documents have accelerated the promotion and application of low-sulfur fuel for ships.
    With the implementation of the "China Version Sulfur Restriction Order" on January 1, 2020, LNG ships and LNG heavy trucks It is expected to continue to develop.


      Effective implementation of tax cuts and fee reductions, end users earnestly enjoy the reform dividends.
    The "Notice on Adjusting the Price of Natural Gas Benchmark Stations" and other documents require that according to the adjustment of the value-added tax rate (the natural gas tax rate is reduced to 9%), fully consider the reduction of the value-added tax rate and adjust the prices of the benchmark gas stations in each province (region, city) to ensure Part of the dividends of lowering the VAT rate will be attributed to users.
    The charging standards for the installation of urban gas projects are stipulated.
    In principle, the cost-profit ratio shall not exceed 10%, so as to reduce the gas consumption cost of natural gas end users and guide the transformation and upgrading of urban gas enterprises and high-quality development.
    A notice was issued in February 2020, within the framework of the current natural gas price mechanism, the off-season price policy will be implemented in advance to reduce the cost of gas consumption by enterprises in stages.


      2.
    Natural gas market analysis In


      2019, China's natural gas production, supply, storage and marketing system continued to improve, and significant results were achieved in increasing exploration and development efforts.
    Major infrastructure such as pipelines and gas storage was accelerated.
    The scale of consumption continued to rise.
    Gas consumption during the winter peak period was effectively guaranteed.
    .


      China's natural gas exploration and development efforts have been significantly increased, and both reserves and production growth have set historical records.
    In 2019, national oil and gas exploration and development investment reached 334.
    8 billion yuan, an increase of 25.
    5% year-on-year, of which exploration investment reached 82.
    1 billion yuan, a record high.
    A series of major achievements have been made in conventional natural gas exploration, and important discoveries have been made in the Sichuan Basin, Ordos Basin, Tarim Basin and the sea area.
    It is expected that a number of large-scale reserve resource areas will be added; shale gas in Changning-Weiyuan, Taiyang and other areas in the Sichuan Basin A breakthrough has been achieved in the block, and a new discovery of atmospheric shale gas exploration has been achieved in the Nanchuan area.


      In 2019, the country’s new proven geological reserves of natural gas were 1.
    58 trillion cubic meters, an increase of approximately 600 billion cubic meters year-on-year, setting a historical record.
    Among them, the newly-added proven geological reserves of conventional natural gas were 809.
    1 billion cubic meters and the newly-added technically recoverable reserves were 352.
    1 billion cubic meters; the newly-added proven geological reserves of shale gas were 764.
    4 billion cubic meters and the newly-added technologically recoverable reserves were 183.
    8 billion cubic meters.
    .


      From the perspective of production, in 2019, the national natural gas (including unconventional gas) production reached 177.
    3 billion cubic meters, an increase of 17 billion cubic meters year-on-year, a record high, of which conventional gas production was 152.
    7 billion cubic meters and shale gas production was 154.
    Billion cubic meters, the output of coal-bed methane is 5.
    5 billion cubic meters, and the output of coal-based gas is 3.
    68 billion cubic meters.


      In addition, in the first half of 2020, China's natural gas exploration efforts remain basically unchanged while production continues to grow strongly.
    According to the latest data, in the first half of 2020, investment in oil and gas exploration and development across the country was generally stable, and the amount of exploration work increased steadily.
    Important discoveries continued to be made in Sichuan and Tarim basins; natural gas production reached 94 billion cubic meters, a year-on-year increase of 10.
    3%, of which Conventional gas production was 82.
    3 billion cubic meters, a year-on-year increase of about 8%, shale gas production was 9.
    1 billion cubic meters, a year-on-year increase of about 35%, and coalbed methane production was 2.
    6 billion cubic meters, a year-on-year increase of about 10%.


      From the perspective of consumption, my country's natural gas consumption scale continued to expand in 2019, and the growth rate has slowed down.
    In 2019, the apparent consumption of natural gas was 306.
    4 billion cubic meters, an increase of 8.
    6% year-on-year, accounting for 8.
    1% of the primary energy consumption structure, an increase of 0.
    3% year-on-year.


      City gas and industrial gas are still the main sources of natural gas consumption, accounting for 37.
    2% and 35.
    0% of the national consumption respectively; the growth rate of chemical gas consumption has rebounded, and the growth rate of power generation gas consumption has dropped in stages.
    In terms of consumption area, East China is the region with the largest consumption in the country, with annual consumption reaching 89.
    7 billion cubic meters, accounting for 29.
    2% of the national consumption; followed by North China, Northwest and Southwest, with consumption of 59.
    8 billion cubic meters respectively , 39.
    6 billion cubic meters and 37.
    5 billion cubic meters.
    In terms of provincial consumption, 13 provinces consume more than 10 billion cubic meters of gas, of which Jiangsu exceeds 30 billion cubic meters, and Guangdong and Sichuan both exceed 20 billion cubic meters.


      In addition, according to the latest data, in the first half of 2020, natural gas consumption will still maintain a positive growth, with a year-on-year increase of about 1.
    5%.
    Factors driving the positive growth of natural gas consumption include: low domestic and foreign gas prices, and the competitiveness of natural gas prices has become prominent; urban gas has been less affected by the epidemic, and the heating season in some northern provinces and cities has been extended; since the second quarter, the economic recovery has been obvious, driven by the resumption of work and production.
    Gas consumption for industry and power generation is rising steadily.


      In terms of import and export, in 2019, China imported 96.
    56 million tons of natural gas (135.
    2 billion cubic meters), a year-on-year increase of 6.
    9%.
    From the perspective of import composition, pipeline gas imports were 36.
    31 million tons (equivalent to 50.
    8 billion cubic meters), accounting for 37.
    6%; LNG imports were 60.
    25 million tons, accounting for 62.
    4%.


      LNG import sources are more diversified.
    Australia is the largest source of imports (29.
    1 million tons), followed by Qatar (8.
    63 million tons) and Malaysia (737 million tons); the proportion of LNG spot imports has further increased, with LNG spot imports of 21.
    3 million tons.
    It accounts for 35.
    4% of total LNG imports.
    The main players in the natural gas import market have increased.
    In addition to major oil and gas companies, local state-owned, private and Hong Kong-owned enterprises have imported a total of 4.
    41 million tons of LNG, accounting for 7.
    3% of the country's total LNG imports.


      In addition, in the first half of 2020, the structural differences in natural gas demand trends are obvious.
    First, industrial gas consumption has gradually recovered from negative growth to the level of the same period in 2019.
    In the early stage of the outbreak of the new crown epidemic, industrial gas consumption was affected to a certain extent.
    Subsequently, the country implemented policies such as phased reduction of non-resident gas prices to reduce gas consumption costs for enterprises.
    Industrial gas consumption has rebounded month by month.
    The cumulative gas consumption from January to June has returned to 2019.
    The same period of the year.


      Second, urban gas maintained steady growth.
    In the first quarter, driven by the extension of the heating season in some northern provinces and cities, urban gas continued to grow steadily; in the second quarter, the prevention and control levels were lowered successively, the floating population continued to increase, and shopping malls, restaurants, schools, etc.
    gradually resumed operations.
    Natural gas in the public service sector Demand has increased significantly, and the two jointly promoted a year-on-year growth of more than 10% in urban gas in the first half of the year.


      Third, the use of gas for power generation and chemical industry was relatively significantly affected by the epidemic, with a decline in the first half of the year.


      3.
    Prospects of the natural gas industry during the 14th Five-Year Plan period


      In the second half of 2020, facing the impact of the new crown epidemic, the development of China's natural gas industry is facing challenges, but the basic conditions and supporting factors that promote the coordinated and stable development of the natural gas industry have not changed, and the overall tone of the natural gas industry's sustained and steady development remains unchanged.
    At the same time, international natural gas supply and demand are generally loose, natural gas prices fluctuate widely at low levels, and domestic capacity to increase reserves and production has been significantly enhanced, and gas supply security capabilities have been further improved; institutional reforms continue to deepen, and industrial policies continue to improve; new industries spawned and promoted by the epidemic The continuous emergence of new models and business formats has provided favorable space for the rapid development of natural gas.
    In the second half of the year, we must adhere to the goal-oriented and problem-oriented approach to ensure the efficient and sufficient supply of natural gas in various periods to ensure the successful conclusion of the 13th Five-Year Plan.


      Based on the "13th Five-Year Plan" and looking forward to the "14th Five-Year Plan" of the natural gas industry:

      (1) Based on domestic resources, continue to actively and steadily advance natural gas exploration and development, and effectively improve the ability to supply stable natural gas.


      In the future, we will focus on expanding the four major oil and gas production bases in Sichuan, Xinjiang, Ordos, and the seas to promote the steady increase of conventional natural gas production and the rapid development of unconventional natural gas.
    To build a "dual enrichment gas" production base in the Sichuan Basin, which is an enrichment area for conventional natural gas and unconventional natural gas.
    By increasing the development of carbonate conventional gas, tight gas, and shale gas, the production will continue to increase.
    Build a "tight gas" production base in the Ordos Basin, and promote the comprehensive exploration and development of multiple resources by increasing the intensity of tight gas development, and improve the level of resource extraction.
    Build a "deep gas" production base in Xinjiang, increase the exploration and development of deep and ultra-deep resources in piedmont areas such as the Tarim Basin, and promote the increase in natural gas reserves and production.
    Build a "deep-water gas" production base in the sea, accelerate the pace of natural gas development in the Bohai Sea, strengthen the exploration and development of deep-water resources in the Bohai Sea, the East China Sea and the northern part of the South China Sea, and further accelerate the pace of increasing reserves and production.
    Strengthen overall coordination, classified disposal, hierarchical management and control of natural gas mining rights and exploration and development activities within the ecological red line.


      (2) Accelerate the construction of pipeline networks and gas storage facilities, make efforts to complement the shortcomings of natural gas interconnection and transmission capacity in key areas, and promote the formation of a "national network".


      With the continuous advancement of the expansion and new construction of coastal LNG receiving stations, overseas LNG resources have been further expanded into the domestic channels; the National Oil and Gas Pipeline Company has officially launched, and the formation of the "national one network" pipeline network layout has accelerated.
    The middle section of the Sino-Russian Eastern Route pipeline and The southern section is accelerating, the Qingning gas pipeline is expected to be put into operation, and the ability to deploy natural gas resources from north to south is steadily enhanced; multiple measures are taken to increase gas storage capacity, consolidate the gas storage responsibilities of upstream gas supply companies and national oil and gas pipeline network companies, and speed up gas storage bases And the construction of key projects of gas storage facilities.
    Improve the coordination mechanism of sea, land, and environmental assessment for projects, and actively create conditions to promote project construction.


      (3) Continue to promote the reform of the system and mechanism to promote the high-quality development of the natural gas industry.


      During the "14th Five-Year Plan" period, natural gas development will accelerate the construction of major pipeline networks and other projects to ensure that the pipeline transportation capacity meets the needs of economic and social development.
    Further promote the process of opening up fair facilities in the oil and gas pipeline network, and promote the efficiency of pipeline facilities utilization.
    Continue to unswervingly deepen the reform of the oil and gas system, promote the reform of natural gas mining rights and the reform of the national oil and gas pipeline network operation mechanism as soon as possible, and lay a solid foundation for the establishment of an efficient natural gas market system.


      China Commercial Industry Research Institute specializes in providing major research projects in the early period of the 14th Five-Year Plan, planning of major projects during the 14th Five-Year Plan, preparation of the 14th Five-Year Plan outline, and special industry plans for the 14th Five-Year Plan.





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