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SZ China Natural Gas Bi-weekly Report Nov 16-30,2011
[Thursday, Dec. 22, 2011] PRINT EMAIL FAV PDF
 
12th Five Year Plan - The Capacity of China LNG production will reach 7.5-mil mt
 
Up to now, China has built more than 40 LNG plant. And 20 of them are in producing. The total capacity has been 2.5-mil mt/year. It could be predicted that China LNG Plant total capacity will reach 7.5-mil mt/year.
 
In the 12th FYP, the development of LNG will improve the energy structure as a clean energy. And it will promote the development of related technology, equipment, new energy vehicle and other industry.
 
With the high demand of natural gas, China Oil Company starts building LNG terminal project. Except LNG factory, China now owns 5 LNG terminals. And 3 of them are still under construction. It could be predicted that China will build 17 LNG terminals, and the capacity of them will reach 6.5-mil mt/year.
 
In the past, LNG has been used as industrial raw materials. With the adjustment of energy structure, LNG will play more import role in the China energy market. The development of LNG will led to multiple upstream and downstream industries, such as LNG vessels, low temperature storage, natural gas vehicles, CNG station, LNG power plant, natural gas chemical industries.
 
In Aug, National Energy Administration published LNG refueling station and technical specifications. It will operate since Nov 1.In addition, LNG gas-powered ship standards are also in designing.
 
But China LNG industry standards are far behind the actual development. So in the future, China should improve the LNG technology,safety,equipment and other industry standards.
 
Index:
  
 
 
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