China’s natural gas consumption sees explosive growth in 2017

Experts say China’s natural gas consumption has seen an explosive growth in 2017 owing to rising environmental awareness and various uses of the energy source, Economic Information Daily reported on July 31.

China’s natural gas consumption was 114.6 billion cubic meters in the first half of 2017, up 15.2 percent year-on-year, according to latest statistics by China’s National Development and Reform Commission.

Natural gas, a highly-efficient and low-carbon energy, will be the most suitable option to solve China’s energy problems against the backdrop of rising urban population and demand for energy.

China’s natural gas industry has achieved leapfrog development during the 12th Five-year Plan (2011-2015). Natural gas consumption in China has increased annually by 12.4 percent and gas annual output was ranked sixth in the world during the period.

In addition, experts said that the rapid growth of natural gas consumption in China can be attributed to the country’s steadily improving economic situation in recent years and the shift from coal to natural gas.

“Large areas in China have given great impetus to shifting from coal to natural gas to tackle air pollution, and the project is taking grounds,” said Professor Liu Yijun from China University of Petroleum.

Liu added that Hebei province, which implemented the project, has increased its natural gas demand by more than 20 percent year-on-year.

Natural gas, as cleaner energy, will see a promising market as the environmental protection cost of using other fuels – including coal and oil – increases sharply when carbon emission trading platform is launched in China in the future, experts noted.

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