China: July natural gas production and gas storage stable gas injection on schedule

abarrelfullabarrelfull wrote on 15 Aug 2011 12:55
Tags: china demand gas


In July, the steady growth of domestic natural gas production, imports continued trend of rapid increase in consumption to maintain a high level, the overall supply and demand stable.

Steady growth in domestic production. According to industry statistics Express (below), July natural gas production 8.2 billion cubic meters, an increase of 9.8%. 1-7 month production 58.8 billion cubic meters, an increase of 7.4%.

Imports continued to increase. July imports of natural gas 2.7 billion cubic meters, of which 1.2 billion cubic meters of natural gas in Central Asia, LNG (liquefied natural gas) 15 billion cubic meters, an increase of 102.4% of total imports. Imported 16.8 billion cubic meters from January to July, an increase of 1 times. Rudong LNG project in the oil production since late May, more stable system operation, the end of July total of 190 million cubic meters of natural gas supply.

Consumption to maintain a high growth rate. July, apparent consumption of 10.3 billion cubic meters, another new high since February, an increase of 24.5%. Consumption of 73.4 billion cubic meters from January to July, an increase of 21.5%.

Gas storage, gas injection on schedule. Undertake the task of peaking in winter in north China port gas storage injection gas from the beginning of April, the end of July, the cumulative gas injection 1.4 billion cubic meters over the same period last year 100 million cubic meters.


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