Environmental Engineering Reference
In-Depth Information
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Crude Oil Production (Million tons)
Oil Consumption (Million tons)
Fig. 5.2 Oil production and consumption in China (Source: National Bureau of Statistics of
China (2012))
5.1.3.2 Natural Gas Industry
The domestic natural gas industry has enjoyed rapid development in recent years. A
promising trend has occurred with the exploitation of natural gas resource and
production levels booming. Natural gas consumption is rising. The market
witnessed a shift from consumption in the producing area to cross-regional
consumption.
China Rich in Natural Gas
China holds 22.03 trillion cubic meters of exploitable natural gas that is mainly
distributed in nine basins such as in Tarim and Sichuan.
By 2008 China has a cumulative proven geographical deposit of 7.92 trillion
cubic meters and a proven recoverable reserve of 4.4 trillion cubic meters with 20 %
of gas resources as proven [ 16 ]. Exploration of natural gas is still atan early stage
with much potential.
Exploitation of Natural Gas in China
Production of natural gas has been rising, particularly since 2000 when it has
increased from 26.2 billion cubic meters to 102.7 billion cubic meters in 2011
with an annual growth rate of 14 % (Fig. 5.3 ).
In recent years, the annual increase of proven recoverable gas reserve has
fluctuated at around 300 billion cubic meters.
Domestic natural gas consumption has risen from 24.5 billion cubic meters in
2000 to 113.7 billion cubic meters in 2011, with an annual growth rate of over 15 %
(Fig. 5.4 ).
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