Research on China Natural Gas and Liquefied Natural Gas (LNG) Industry, 2014-2018 Report by Researchmoz.us

ResearchMoz.us include new market research report "Research Report on Natural Gas and Liquefied Natural Gas (LNG) Industry in China, 2014-2018: Industry Size, Shares, Growth, Analysis, Trends And Forecast" to its huge collection of research reports.

  • Share on TwitterShare on FacebookShare on Google+Share on LinkedInShare on PinterestEmail a friend
ResearchMoz

ResearchMOZ

The growth rate of pipeline gas and LNG were 24.3% and 27.0% respectively in China in 2013.

Albany, NY (PRWEB) June 10, 2014

The production volume of natural gas increased to 121 billion cubic meters by 9.8% YOY in China in 2013, including 117.8 billion cubic meters of conventional natural gas, 200 million cubic meters of shale gas and 3 billion cubic meters of coalbed methane.

Browse more details at http://www.researchmoz.us/research-report-on-natural-gas-and-liquefied-natural-gas-lng-industry-in-china-2014-2018-report.html.

The demand for natural gas increases significantly as transform projects from coal to natural gas are launched in China after 2013. Natural gas was in short supply as the increases in synthetic natural gas (SNG) and imported natural gas fell short of expectation in 2013.

The market demand will continue the upward trend as energy policies are adjusted. China is the third largest consumption country of natural gas in the world. The demand for natural gas is estimated to keep increasing while the proportion to the total consumption of primary energy will be 6.3% in 2014. The supply of natural gas is unable to meet the demand.

The reserve and production volume of conventional natural gas are unable to meet the increasing demand in China. Moreover, Chinese government reinforces the measures to increase proportion of clean energy consumption, which also stimulates the demand for natural gas.

The import of natural gas relieves the insufficient domestic supply as the production volume of natural gas possesses limited potential for growth in China. The dependence ratio of oil gas on import keeps increasing. The import volume of natural gas was 53.4 billion cubic meters in China in 2013, up by 25.6% YOY. The growth rate of pipeline gas and LNG were 24.3% and 27.0% respectively. The apparent consumption of natural gas was 169.2 billion cubic meters, up by 12.9%. The dependence ratio of natural gas on import exceeded 30% in 2013.

In China, the factory price of natural gas is set by Chinese government while the retail price is set by local government. Therefore, the retail price may be lower than the factory price. Enterprises with integration of upstream and downstream can avoid the risk while pure downstream enterprises may suffer loss.

The demand for natural gas and LNG will increase rapidly as Chinese economy develops and urbanization accelerates in the future. The market potential of natural gas and LNG is huge as over half of Chinese households use firewood or coal as fuel in China.

Browse More Reports related to Natural Gas: http://www.researchmoz.us/natural-gas-market-reports-58.html

The following enterprises and people are recommended to purchase this report:

-Exploration and Exploitation Enterprises of Natural Gas and LNG
-Trading Enterprises of Natural Gas and LNG
-Manufacturers of Petrochemical Equipment
-Enterprises of Chemical Industry
-Gas Enterprises
-Investors/Research Institutes Concerned About Natural Gas and LNG Industry

Related Reports:

Liquefied Natural Gas Market - Global Industry Size, Market Share, Trends, Analysis And Forecasts, 2012 - 2018

Liquefied natural gas (LNG) is a natural gas (predominantly methane, CH4) that has been converted to liquid form for ease of storage or transportation. LNG takes up about 1/600th the volume of natural gas in the gaseous state. It is odorless, colorless, non toxic and non-corrosive in nature. The world knows about the impact and utility of natural gas and has realized that LNG may facilitate their need to reduce the share of coal & oil from their energy portfolio. There is a significant level of development in global LNG trade, with imports and exports of LNG forming a vital part of countries’ relationship with each other. However, the negotiation over LNG prices has become a substantial issue for trading partners. Browse More details at: http://www.researchmoz.us/liquefied-natural-gas-market-global-industry-size-market-share-trends-analysis-and-forecasts-2012-2018-report.html.

Natural Gas Storage (Technology) Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth And Forecast, 2013 - 2019

Natural gas storage is the process of storing natural gas through different methods for an indefinite amount of time, until required for consumption. Primarily such storage is required to offset the effects of erratic and sporadic demand for natural gas. Load variations can be addressed with this through re-injection of gas during high demand and withdrawal during low demand periods. In recent times such storages are also being held for speculative purposes as well as to offset the increasing volatility in gas prices. Browse More details at: http://www.researchmoz.us/natural-gas-storage-technology-market-global-industry-analysis-size-share-trends-analysis-growth-and-forecast-2013-2019-report.html.

Compressed Natural Gas Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018

Natural gas compressed to a pressure of 200-250 bars which results in 200-250 folds reduction in volume, is referred to as compressed natural gas. It is a colourless, odourless, highly flammable, and non-corrosive gaseous hydrocarbon. Natural gas is primarily composed of methane and ethane. It is stored and distributed in hard containers which are usually cylindrical or spherical in shape. CNG has emerged as an abundant, clean, and safe alternative fuel and produces 28% less CO2 and other greenhouse gases compared to petrol and other fuels. Owing to its eco-friendly nature, it is widely used as a fuel for transportation. In industrial settings CNG is the second most important source of energy after electricity; it is primarily consumed in paper and pulp, plastic, food processing, metal, glass, and petroleum refining industries. Browse More details at: http://www.researchmoz.us/compressed-natural-gas-market-global-industry-analysis-size-share-growth-trends-and-forecast-2012-2018-report.html.

About Us:

ResearchMoz (http://www.researchmoz.us/) is the one stop online destination to find and buy market research reports. Our market research databases integrate statistics with analysis from global, regional, country and company perspectives. We provide the market context, competitor insight and future trends needed for strategic planning.

For More Information Kindly Contact:
Mrs.Sheela AK
Tel:+1-518-618-1030
Toll Free: 866-997-4948
Email: sales(at)researchmoz(dot)us
Blog: http://marketingresearchreport.wordpress.com/