Survey on domestic natural gas production and sales

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“If price issues are not resolved, the situation of a shortage of natural gas is likely to persist in the short term. ”　　——Zeng Xingqiu, former chief geologist of Sinochem Group, said, **\"We should initiate the planning and construction of large-scale strategic natural gas reserves as soon as possible, just as we do for oil reserves.\" ”　　——Hou Chuangye, deputy general manager of China National Petroleum and Natural Gas Corporation’s Production Division, said, \"Strengthening demand-side management in the downstream market, guiding market consumption properly, and establishing a rational gas usage structure are top priorities at present.\" ”　　——Sun Zhenxiang, deputy manager of the marketing department at West-East Gas Transmission Company: The share of natural gas consumption in China’s total primary energy consumption is only 3.8%, which is far below the world average of 24.1%. Will China, which is in the initial stage of \"gasification,\" fall into a vicious cycle of \"gas shortages\"? “If price issues are not resolved, the situation of a shortage of natural gas is likely to persist in the short term. ”Zeng Xingqiu, an expert in China’s natural gas market, believes that the reform of natural gas prices is not about raising prices or setting standards, but rather about the price formation mechanism ； Mechanisms linked to crude oil prices should be studied in order to appropriately improve the market value ； Drawing on foreign experience, a peak-valley price adjustment mechanism should be established to make the natural gas pricing system more reasonable ； Leverage price mechanisms to guide market development and create a new landscape for the growth of China’s natural gas industry. Zeng Xingqiu’s views have been endorsed by many industry professionals. Liu Yijun, a professor at the School of Business Administration of China University of Petroleum who has long been monitoring the development of China’s natural gas industry, believes that when it comes to natural gas prices, the key issue under discussion now is not whether to carry out reforms or not, but rather how to implement them. The new market-oriented reform plan for natural gas prices has received recognition and support from most industry professionals for its role in alleviating the current and future shortage of natural gas supply. **Liu Xiaoli, deputy director of the Energy Economy and Development Research Center at the Energy Research Institute of the National Development and Reform Commission, believes that the dual impact of natural gas price reforms on both the demand side and the supply side will surely ease supply-demand tensions, and it will also help to steer the natural gas industry chain in a more rational direction. “The concept of “peak gas price” has attracted significant attention within the industry. “Without the implementation of a peak gas price policy, there will be little incentive to strengthen peak-shaving capacity building. ”Liu Xiaoli believes that peak gas prices are related to the enthusiasm of all parties involved in building peak-shaving capacity, and they represent a key factor in the development of such capacity in China. She explained that abroad, \"peak gas prices\" are generally used to subsidize and maintain the proper operation of gas storage facilities, while also attracting more private capital to participate in peak shaving. “**Just as oil reserves are built, the planning and development of large-scale strategic natural gas reserves should be initiated as soon as possible. ”Hou Chuangye, deputy general manager of the Natural Gas and Production Division of China National Petroleum Corporation, believes that natural gas is not only an important **strategic energy source but also a vital resource for people’s livelihoods, affecting millions of households.** Comprehensive planning at this level is necessary for strategic reasons as well as to address people’s livelihood needs. Wang Chunpeng, deputy chief accountant of China National Petroleum Corporation, said that CNPC is launching a new round of gas storage facility construction, planning to invest heavily to create a gas storage capacity of 24 billion cubic meters, which is equivalent to 10 times the current peak-shaving capacity. Once completed, it will greatly enhance peak-shaving capacity. At the same time, investment in upstream production capacity will be increased to develop more gas fields, further enhancing the capacity for peak shaving. “It is likely difficult to achieve this with the efforts of just one or two companies. ”Zeng Xingqiu suggested that **strong support and encouragement should be provided at the policy level**, and relevant local authorities as well as end-users should also actively participate in the development of natural gas peak-shaving capabilities through various channels. Sun Zhenxiang, deputy manager of the Marketing Department at the West-to-East Gas Pipeline Company, believes that \"strengthening demand-side management in the downstream market, guiding market consumption properly, and establishing a rational gas usage structure are top priorities at present.\" ”Some industry experts suggest that our country should learn from the experiences of developed countries and make great efforts to develop natural gas services that are interruptible, convertible, and adjustable ； Some others have proposed the concept of \"user resource classification,\" suggesting that, by drawing on successful practices abroad, natural gas end-users be divided into four main categories: those for priority development, those permitted for development, those subject to restrictions on development, and those prohibited from development. This approach would facilitate more standardized management of end-users and help prevent shortages in gas supply caused by demand side factors. Projections indicate that in 2020, domestic natural gas consumption could reach 250 billion cubic meters. By then, China’s dependence on imported natural gas will exceed 40%. Therefore, diversified open-source sources of supply, especially by expanding imports, are also considered key to addressing the current and future shortage of natural gas resources in our country and preventing repeated shortages of this resource. “We must make full use of the two markets and two types of resources, and share global natural gas resources in the same way we do when searching for oil. ”Zeng Xingqiu believes that this is the only way, and it is also the practical path. At present, in addition to importing Central Asian natural gas through the West-East Gas Pipeline Project Phase II, our country will also import natural gas via the China-Russia pipeline and the China-Myanmar pipeline. At the same time, large-scale LNG receiving stations or storage facilities are being built in areas with high natural gas consumption such as Dalian, Tangshan, Jiangsu, and Shenzhen, in order to make full use of the maritime routes for natural gas imports and address the shortage in domestic supply. At the same time, the development of unconventional natural gas resources such as coalbed methane and shale gas is gaining momentum. “In this entirely new field, our country possesses considerable resources; preliminary estimates indicate that the reserves of unconventional natural gas amount to at least 150 trillion cubic meters. Moreover, on a global scale, there are already successful experiences from developed countries such as the United States. Last year, the United States produced 620 billion cubic meters of natural gas, of which unconventional natural gas accounted for 30%. It is evident that the prospects in this field are very broad. ”According to Zhao Qingbo, an expert in coalbed methane research at China National Petroleum Corporation. http://www.lngonline.cn/Project/UploadFiles_6991/201004/2010041221514437.jpg