Asia Gas Pipelines Power

REDUCING MARKET BARRIERS SEEN AS KEY TO CHINA’S GAS PIPE DREAM

china figure 1

By Nicholas Newman, Contributing Editor | November 2014, Vol. 241, No. 11  Pipeline and Gas Journal

China’s domestic natural gas production is expected to rise from 120 Bcm to 172 Bcm in 2018. In parallel, the nation is pressing ahead with drilling for unconventional gas and expects to reach its target output of 30 Bcm in 2020.

China imports gas from Turkmenistan, Kazakhstan, Australia, Qatar and Yemen, which accounted for almost one-third of its consumption in 2013, according to Bloomberg. The bulk of pipeline gas supplies come from Turkmenistan and are forecast to reach 40 Bcm annually by 2015 and 65 Bcm by 2020.

http://www.pipelineandgasjournal.com/reducing-market-barriers-seen-key-china%E2%80%99s-gas-pipe-dream

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