Gas Processing is Produced by Gulf Publishing Company

Your source for technology information for the gas processing industry


China's 2017 natural gas output up 8.5 pct at 148.7 bcm - state planner

BEIJING (Reuters) -

* China’s natural gas productions expanded 8.5 percent last year over 2016 to 148.7 billion cubic meters, the National Development and Reform Commission (NDRC) said on Thursday.

* The number compared to earlier report from the National Statistical Bureau that put last year’s gas output at 147.4 bcm, up also by 8.5 percent

* Neither NDRC or NSB specify what types of natural gas are included in their data, but market analysts say NDRC’s data includes also coalbed methane

* NDRC also said China’s natural gas consumption rose 15.3 percent last year to 237.3 bcm; imports of fuel gained 27.6 percent to 92 bcm

* At 15.3 percent, the demand expansion marks the fastest pace since 2012, fueled by China‘a massive push to heat millions of homes in northern China with gas and also thousands of industrial boilers to shift from coal to the cleaner fuel

Reporting by Chen Aizhu; Editing by Sunil Nair


Copyright © 2018. All market data is provided by Barchart Solutions. Futures: at least a 10 minute delay. Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.

                                  CMEGroup                                     Icelogo

FEATURED COLUMNS

Business Trends
-Julian Thomas
Indonesia, home to 260 MM people on 14,000 islands across a vast archipelago, is estimated to become the seventh-largest economy in the world by 2030, with such growth expected to boost the nation’s energy consumption by 80% from present levels.<sup>1</sup>
Editorial Comment
-Adrienne Blume
At October’s HPI Forecast Breakfast for our sister publication, <i>Hydrocarbon Processing</i>, I shared <i>Gas Processing</i>’s forecast on change in the LNG industry.
Executive Viewpoint
-Christina Andersen
In one of the toughest markets in the history of gas compression, we are challenged to deliver more with less.


The New LNG Imperative

Register Now

The shale gas boom established the US as the world’s leading natural gas producer and is responsible for billions of dollars of investments in the US gas processing industry. Since 2012, the US has witnessed unprecedented growth in new gas processing capacity and infrastructure. This rise is due to greater production of domestic shale gas, which is providing cheap, available feedstock to fuel the domestic gas processing, LNG and petrochemical industries. New gas processing projects include the construction of billions of cubic feet per day of new cryogenic and gas processing capacity, NGL fractionators, multi-billion-dollar pipeline infrastructure projects, and the development of millions of tons per year of new LNG export terminal construction. Attend this webcast to hear from Lee Nichols, Editor/Associate Publisher, Hydrocarbon Processing, Scott Allgood, Director-Data Services, Energy Web Atlas and Peregrine Bush, Senior Cartographic Editor, Petroleum Economist as they discuss the future of LNG and the application of Energy Web Atlas, a web-based GIS platform which allows users to track real-time information for every LNG project.

November 29, 2017 10am CST

View on Demand

 

Please read our Term and Conditions, Cookies Policy, and Privacy Policy before using the site. All material subject to strictly enforced copyright laws.
© 2015 Gulf Publishing Company.