
China is expected to become the world's third-largest natural gas producer in 2035, an official with the International Gas Union (IGU) said Thursday. Torstein Indreb, secretary general of IGU, made the remarks at the 2013 China International Pipeline Exhibition and Conference held in the city of Langfang in north China's Hebei Province. Spurred by the country's huge demand, China will see a sharp increase in natural gas production and rank third place by 2035, following Russia and the United States, he said. Statistics show China's production volume of natural gas surged 6.7 percent year on year to 106.7 billion cubic meters last year. The total length of natural gas pipelines exceeded 55,000 kilometers across the country. China plans to earmark 460 billion yuan (75 billion U.S. dollars) to build 65,000 kilometers of petroleum pipelines from 2011 to 2015, including 41,000 kilometers of natural gas pipelines.
GMT 18:36 2017 Tuesday ,26 December
Scenting a recovery, oil producers ratchet up spendingGMT 20:43 2017 Monday ,25 December
Oil markets will witness balance in 2018: Iraqi Oil MinisterGMT 16:17 2017 Sunday ,24 December
Iraq invites bids for new oil pipelineGMT 14:26 2017 Friday ,22 December
Energy prices bump key US inflation index up in NovemberGMT 17:59 2017 Tuesday ,19 December
Japan trade surplus drops sharply on higher oil importsGMT 17:31 2017 Thursday ,14 December
Energy costs push US consumer inflation higher as Fed meetsGMT 15:30 2017 Wednesday ,29 November
Shell resumes all-cash dividend as oil price recoversGMT 13:22 2017 Sunday ,26 November
Chinese demand teaser to weigh on Vienna oil summit
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor