IEA Study and Key Messages on Challenges facing China's Developing Gas Market: 'Developing China's Natural Gas Market: the Energy Policy Challenges'
Article from: OGEL 4 (2003), in Digests for Official Reports & Cases
Summary
China's desire to maintain the rate of current economic growth relies heavily on developing an efficient market for gas. With this in mind, China's natural gas industry is on the brink of rapid expansion. Some major gas infrastructure projects have been undertaken to support ambitious gas growth targets in the country for the next five years and beyond. In 2002, China signed three multi-billion dollar deals to build the 4,000 km 'West-East Gas Pipeline' and to source the liquefied natural gas (LNG) supply for both Guangdong and Fujian provinces in the south east. But the market is ...