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The exploration potential of natural gas resources is large and the consumption is growing rapidly

 Last Update: 2021-10-02
 Source: Internet
 Author: User

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【Market analysis of chemical machinery equipment network ]

Market analysis of chemical machinery equipment networkChemical machinery and equipment

China's natural gas resources have great exploration potential and rapid consumption growth

The natural gas industry chain is divided into three parts: upstream exploration and production, midstream transportation, and downstream distribution.
From the upstream point of view, in 2019, the country’s proven natural gas reserves were 5966.
58 billion cubic meters, and the newly-added proven geological reserves were 809.
09 billion cubic meters.
The exploration potential of natural gas resources is great.

From the midstream point of view, the mileage of my country's natural gas pipelines has increased year by year, reaching 81,000 kilometers in 2019.
From the downstream point of view, natural gas consumption has grown rapidly.
The apparent consumption in 2019 was 306.
7 billion cubic meters, of which urban gas and industrial gas accounted for 35% and 36%, respectively.

　　Analysis of the industrial chain structure of the natural gas industry

　　The natural gas industry chain is divided into three parts: upstream exploration and production, midstream transportation, and downstream distribution.
Upstream exploration and production mainly refers to the exploration and development of natural gas, and related resources are concentrated in PetroChina, Sinopec and CNOOC.
In addition, it also includes the LNG overseas import part;

　　Midstream transportation includes long-distance pipeline networks, provincial transportation pipelines, LNG carriers and transport vehicles, etc.
;

　　Downstream distribution is mainly carried out by gas companies.
In addition to gas distribution, the main business of gas companies also includes gas connection, gas operation and gas equipment sales, serving residents, industrial and commercial users.

　　1.
Upstream: China is rich in natural gas resources and has great exploration potential

　　According to * data, my country's natural gas reserves continue to grow.
In 2019, the country’s proven natural gas reserves were 5966.
58 billion cubic meters; from the perspective of the country’s new proven geological reserves of natural gas, in 2019, the country’s new proven geological reserves of natural gas were 809.
09 billion cubic meters.
This shows that my country's natural gas resources exploration potential is great.

　　2.
Midstream: The mileage of China's natural gas pipelines is increasing year by year, reaching 81,000 kilometers in 2019

　　From the perspective of midstream transportation construction, from 2013 to 2019, the number of natural gas pipeline mileage in my country has increased year by year, but the growth rate has slowed down, mainly due to the influence of natural gas pipeline network reform and other factors.
However, because natural gas pipeline construction is the focus of the national oil and gas pipeline construction plan, its construction growth rate is still higher than other pipeline construction.
In 2019, my country's natural gas pipeline mileage reached 81,000 kilometers, a year-on-year increase of 2.
53%.

　　Note: In 2016, some natural gas pipelines were sealed and decommissioned.

　　3.
Downstream: China's natural gas consumption is increasing year by year, mainly urban gas and industrial gas

　　In recent years, my country's natural gas consumption has grown rapidly.
In 2019, China's macro-economy was operating steadily, and the growth rate of the natural gas industry slowed down.
The apparent natural gas consumption was 306.
7 billion cubic meters, a year-on-year increase of 9.
4%, and the growth rate was 8.
7 percentage points lower than that in 2018.
As of the end of 2020, China's apparent natural gas consumption has reached 324 billion cubic meters, a cumulative increase of 5.
6%.

　　According to * classification, natural gas consumption can be divided into industrial gas, city gas, natural gas power generation and chemical gas.
With the further improvement of natural gas infrastructure, the natural gas consumption market has rapidly expanded from areas around oil and gas fields to economically developed areas.
Under the guidance of the national natural gas utilization policy, the consumption structure has also been continuously optimized.

　　From the perspective of my country's natural gas consumption structure, urban gas and industrial gas are the main driving forces for the growth of natural gas consumption.
In 2019, it increased by 12.
97% and 10% year-on-year, accounting for 35% and 36% of total consumption, respectively.

　　For more data and analysis, please refer to the "China Natural Gas Industry Supply and Demand Forecast and Investment Strategic Planning Analysis Report" by the Qianzhan Industry Research Institute.
At the same time, the Qianzhan Industry Research Institute provides industrial big data, industrial planning, industrial declaration, industrial park planning, industrial investment promotion, IPO fundraising feasibility research and other solutions.

　　Original Title: Analysis of the Status Quo of China's Natural Gas Industry Industry Chain in 2020 Natural Gas Resource Exploration Potential and Rapid Growth in Consumption

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