How important is gas to China's energy mix?

By Candace Dunn

Natural gas accounted for only 4. 9 per cent of China's total energy consumption in 2012, but large investments in domestic natural gas production and infrastructure, along with growing imports, are likely to underpin a significantly larger role in the future.

In 2010, the first pipeline imports flowed to China from Turkmenistan through the Central Asia Gas Pipeline, and by 2013, natural gas supplies from Turkmenistan, Uzbekistan, and Kazakhstan reached 974 Bcf.

China also continues to invest in natural gas pipeline infrastructure that will link production areas in the western and northern regions to demand centers along the coast.

China more than tripled natural gas production since 2003, producing 3. 8 trillion cubic feet in 2012, and the government is targeting production to reach about 5. 5 Tcf of natural gas per year by the end of 2015.

In 2013, China added natural gas imports from Kazakhstan through the CAGP and Myanmar through a newly built pipeline.

China's natural gas consumption has outstripped domestic supply since 2007, triggering rising imports of both liquefied natural gas and pipeline gas.

In 2012, China rose to become the third-largest LNG importer in the world, after Japan and South Korea, and in 2013, the country imported 870 billion cubic feet of LNG.

China and Russia recently finalised a natural gas agreement that allows China to purchase and transport gas from eastern Russia through a proposed pipeline.

Read more here: Business Spectator

    

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