January 20, organized in ASIACHEM the second coal-synthetic natural gas technical and economic seminars, the event Ding engineering company sources, the company that morning and Shandong Xinwen Mining Group signed a total package contract, responsible for new Timor Group annual 20 billion cubic meters of Xinjiang coal gas project construction.
Industry sources, coal and natural gas will become an important supplement to the natural gas market, gas prices will push forward reforms to make it more competitive. But now, pipeline construction and the future potential of excess natural gas market, will that affect their development prospects of uncertainty.
Gas fire with coal gas prospects
Past two years, although China coal to natural gas policy has been tightened, but the demand for natural gas prospects and price reform is expected to remain in attracting funding from various quarters to enter. One main as Shenhua, CNOOC, Huaneng, Huadian, Datang, State Power, China Power Investment and other large energy the central level, and Xinwen Mining, with coal, Luan, Beijing Holdings and other local state-owned enterprises are also actively staking their claims, Inner Mongolia coal chemical exchange can be more private enterprises such as flash during the figure.
According ASIACHEM statistics, as of December 2010, China had nearly 30 coal-gas project in the planning, preliminary work or construction phase, if all these projects completed in 2015 and 2020 China will have achieved 44.05 billion cubic meters per year and 126.8 billion cubic meters capacity.
Accenture's latest research shows that, as a transition period to an important low-carbon energy, natural gas demand will grow. According to former Energy Secretary Zhang introduced natural gas as clean energy in China, the proportion of primary energy accounts for only 3.5%, while the developed countries, use of natural gas which accounts for the entire energy accounted for more than 30%.
According to statistics, China's annual natural gas production in 2010 of 930 billion cubic meters, while the apparent consumption amounted to 105.1 billion cubic meters, demand and supply gap of 12.1 billion cubic meters. Expect the oil, natural gas demand in China in 2020 will reach 3500-4000 million cubic meters.
Natural gas prices rose on expectations of market trends, but also to the prospect of coal-gas project is more optimistic. ASIACHEM said, the price of coal is a key factor in the development of gas industry. In the current market price case, coal-gas project in China is difficult with the competition in the market, but in the future market price of natural gas prices gradually converge with the international situation, coal and natural gas will have a better competitive edge.
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